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Financial Sector (Transfers of Business) Act 1999
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Department of the Treasury
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C2004A00436
17 June 1999
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14 July 2001
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Part 1—Preliminary
1 Short title
2 Commencement
3 Additional operation of Act
4 Definitions
5 Act binds the Crown
6 External Territories
7 Application of Criminal Code
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Part 2—Overview of Act
8 Overview of Act
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Part 3—Voluntary transfers
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Division 1—Outline of Part
9 Outline of Part
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Division 2—Approval of voluntary transfers
10 Application for approval of voluntary transfer
11 Approval of applications
12 Consultation about approving the application
13 Adequate adoption
14 Complementary State or Territory legislation
15 Minister’s power to decide that his or her consent is not required
16 Approval may impose conditions
17 Notice of decision
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Division 3—Process by which voluntary transfers take effect
18 Certificate of transfer
19 Partial transfer—statement of detail to be provided
20 Agreements about matters connected with the transfer
21 Notice of decision
22 Time and effect of voluntary transfer
23 Employment unaffected
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Part 4—Compulsory transfers
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Division 1—Outline of Part
24 Outline of Part
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Division 2—Compulsory transfer determinations
25 Compulsory transfer determinations
26 Consultation about making the determination
27 When consent of receiving body is in force
28 Complementary State or Territory legislation
29 Minister’s power to decide that his or her consent is not required
30 Agreements about matters connected with the transfer
31 Determination may impose conditions
32 Notice of determination
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Division 3—Process by which compulsory transfers take effect
33 Certificate of transfer
34 Notice of certificate
35 Time and effect of compulsory transfer
36 Employment unaffected
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Part 5—Evidentiary certificates
37 Certificates evidencing operation of Act etc.
38 Certificates in relation to land and interests in land
39 Certificates in relation to other assets
40 Documents purporting to be certificates
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Part 6—Miscellaneous
41 Information gathering powers
42 Compulsory transfer—APRA may provide information to receiving body
43 Relationship of Act with other laws etc.
44 Compensation for acquisition of property
45 Review of decisions
46 Transfer rules
47 Regulations