Financial Sector Reform (Amendments and Transitional Provisions) Regulations 1999

No longer in force

Administered by

Department of the Treasury

This item is authorised by the following title:

Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999

Superseded version

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F1999B00139

29 June 1999 - 30 June 1999

This instrument was backcaptured in accordance with Section 36 of the Legislative Instruments Act 2003

Table of contents

1 Name of regulations
2 Commencement
3 Definitions
4 Purpose of these regulations
5 Protection of information given to APRA or ASIC
6 Continued effect of certain instruments relating to transferring friendly societies
7 Definition for Division 3.2
8 Continued effect of certain instruments made under replaced legislation
9 Completion of transfers of engagements and mergers commenced before the transfer date
10 Treatment of undetermined applications under a Financial Institutions Code
11 Definitions for Division 5.2
12 APRA transitional prudential standards
13 Application of APRA transitional prudential standards
14 Application of instruments under APRA transitional prudential standards
15 Interpretation of APRA transitional prudential standards and instruments
16 Variation, revocation and modification of APRA transitional prudential standards and instruments
17 Relationship between APRA transitional prudential standards and the Banking Act 1959
18 Inspection and purchase of APRA transitional prudential standards and instruments
19 Application of Financial Institutions Codes to FIC bodies in liquidation
20 APRA may take enforcement action
21 Action taken to be done by APRA
22 Continued effect of appointment as administrator (La Trobe Country Credit Cooperative Ltd)
23 Continued effect of certain instruments and actions
24 Definition for Division 5.5
25 Application of Banking Act 1959 to transfer to account
26 Application of Banking Act 1959 to transfer from account
27 Application of Banking Act 1959 to date of transfer of money to another account
28 Definitions for Part 6
29 Stake in transferring body exceeding 15% on transfer day as a result of interests of associates
30 Stake in transferring body exceeding 15% after transfer day as a result of circumstances outside stakeholder’s control
31 National Mutual Health Insurance Pty Ltd’s shares in Territory Mutual Building Society Limited
32 Friendly societies taken to have been granted registration under section 21 of the Life Insurance Act 1995
33 Continued effect of certain prudential standards for friendly societies
34 Interpretation of continued prudential standards
35 Applications for registration
36 Applications for approval to establish a benefit fund
37 Applications for approval of amendments of benefit fund rules
38 Additional information
39 Approval of consequential amendments of company’s constitution
40 Continued application of Friendly Societies Code for certain amendments
41 Definitions for Division 7.4
42 Continued effect of applied enforcement provisions of AFIC Codes and Friendly Society Codes
43 Investigations of business of friendly societies
44 Action for breach of AFIC Code, Friendly Societies Code or Life Insurance Act 1995
45 Continued effect of directions to friendly society under section 44 or 45 of Friendly Societies Code
46 Continued effect of administration of friendly society under Part 2 of Friendly Societies Code
- Schedule 1 Transitional prudential standards administered by APRA

Financial Sector Reform (Amendments and Transitional Provisions) Regulations 1999

Legislation text