Federal Register of Legislation - Australian Government

Primary content

Act No. 15 of 2000 as made
An Act to validate a determination made under the General Insurance Supervisory Levy Imposition Act 1998
Administered by: Treasury
Originating Bill: General Insurance Supervisory Levy Determination Validation Bill 1999
Date of Assent 31 Mar 2000
Date of repeal 27 Jul 2010
Repealed by Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010

 

 

 

 

General Insurance Supervisory Levy Determination Validation Act 2000

 

No. 15, 2000


 

 

 

 

General Insurance Supervisory Levy Determination Validation Act 2000

 

No. 15, 2000

 

 

 

 

An Act to validate a determination made under the General Insurance Supervisory Levy Imposition Act 1998

  

  

  


Contents

1............ Short title............................................................................................ 1

2............ Commencement.................................................................................. 2

3............ Definition............................................................................................ 2

4............ Validity of determination.................................................................... 2

 


General Insurance Supervisory Levy Determination Validation Act 2000

No. 15, 2000

 

 

 

An Act to validate a determination made under the General Insurance Supervisory Levy Imposition Act 1998

[Assented to 31 March 2000]

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the General Insurance Supervisory Levy Determination Validation Act 2000.

2  Commencement

                   This Act commences on the commencement of Part 1 of Schedule 12 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 2000.

3  Definition

                   In this Act:

Imposition Act means the General Insurance Supervisory Levy Imposition Act 1998.

4  Validity of determination

             (1)  This section applies to a determination that was purportedly made under subsection 8(3) of the Imposition Act on 11 August 1998, and was notified in the Gazette on 13 August 1998.

             (2)  The determination is taken, despite subsection 48(2) of the Acts Interpretation Act 1901:

                     (a)  to have been made under subsection 8(3) of the Imposition Act; and

                     (b)  to have been effective on and at all times after 1 July 1998.

             (3)  Despite paragraph (2)(b), the determination may be repealed, rescinded, revoked, amended or varied in accordance with subsection 33(3) of the Acts Interpretation Act 1901.

 

 

[Minister’s second reading speech made in—

House of Representatives on 30 June 1999

Senate on 29 September 1999]

 

(137/99)