Federal Register of Legislation - Australian Government

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Cross-Border Insolvency Regulations 2008

Authoritative Version
SLI 2008 No. 123 Regulations as made
These Regulations are made to exclude authorised deposit-taking institutions, general insurers and life companies from the operation of the Model Law in Cross-Border Insolvency of the United Nations Commission on International Trade Law as applied by the Cross-Border Insolvency Act 2008.
Administered by: Treasury
General Comments: These Regulations commence immediately after the commencement of Parts 2, 3 and 4 of the Cross-Border Insolvency Act 2008.
Exempt from sunsetting by the Legislation (Exemptions and Other Matters) Regulation 2015 s12 item 19
Registered 20 Jun 2008
Tabling HistoryDate
Tabled HR25-Jun-2008
Tabled Senate25-Jun-2008

Cross‑Border Insolvency Regulations 20081

Select Legislative Instrument 2008 No. 123

I, PHILIP MICHAEL JEFFERY, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Cross‑Border Insolvency Act 2008.

Dated 19 June 2008

P. M. JEFFERY

Governor‑General

By His Excellency’s Command

NICK SHERRY


  

  

1              Name of Regulations

                These Regulations are the Cross‑Border Insolvency Regulations 2008.

2              Commencement

                These Regulations commence immediately after the commencement of Parts 2, 3 and 4 of the Act.

3              Definitions

                In these Regulations:

Act means the Cross‑Border Insolvency Act 2008.

ADI has the same meaning as in the Banking Act 1959.

general insurer has the same meaning as in the Insurance Act 1973.

life company has the same meaning as in the Life Insurance Act 1995.

4              Prescribed entities (Act s 9)

                For section 9 of the Act, the entities listed in Schedule 1 are prescribed entities.


Schedule 1        Prescribed entities

(regulation 4)

  

Item

Entities

1

ADIs

2

General insurers

3

Life companies


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.