Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 12.1.01

Definitions for Chapter 12

                   In this Chapter:

AFIC means the Australian Financial Institutions Commission.

APRA transitional prudential standard has the meaning given by regulation 11 of the Financial Sector Reform (Amendments and Transitional Provisions) Regulations 1999 .

Financial Institutions Code of a State or Territory has the meaning given by clause 1 of Schedule 4 to the Act.

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

Friendly Societies Code of a State or Territory has the meaning given by clause 1 of Schedule 4 to the Act.

member share has the meaning given by regulation 12.8.03.

previous governing Code has the meaning given by clause 1 of Schedule 4 to the Act.

replaced legislation has the meaning given by subitem 22(7) of Schedule 8 to the Financial Sector Reform Act.

SSA (State Supervisory Authority) has the meaning given by clause 1 of Schedule 4 to the Act.

transfer date means the date that is the transfer date for the purposes of the Financial Sector Reform Act.

transferring financial institution of a State or Territory has the meaning given by clause 1 of Schedule 4 to the Act.

transition period means the period of 18 months starting on the transfer date.

Note:          See the definition of Corporations Regulations in section 40A of the Acts Interpretation Act 1901 .



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