New South Wales Consolidated Acts
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FINANCIAL SECTOR REFORM (NEW SOUTH WALES) ACT 1999
- As at 27 November 2003
- Act 1 of 1999
TABLE OF PROVISIONS
Long Title
PART 1 - PRELIMINARY
1. Name of Act and purposes
2. Commencement
3. Definitions
4. Act to bind Crown
PART 2 - REGISTRATION OF CERTAIN ENTITIES AS COMPANIES
5. Transferring financial institutions
PART 3 - CONFERRAL OF FUNCTIONS AND POWERS ON APRA AND ASIC
6. Conferral of functions and powers on APRA
7. Conferral of functions and powers on ASIC
PART 4 - AUTHORISED DEPOSIT-TAKING INSTITUTIONS AND LIFE INSURANCE COMPANIES: TRANSFER OF BUSINESS
8. Words defined in FS(TB) Act
9. Authorised APRA officer
10. Voluntary transfers
11. Compulsory transfers
12. Certificates evidencing operation of Part
13. Certificates in relation to land and interests in land
14. Certificates in relation to other assets
15. Documents purporting to be certificates
16. Relationship of Part with other instruments
PART 5 - REPEALS AND TRANSITIONAL PROVISIONS
Division 1 - Repeals
17. Repeals
Division 2 - Provisions relating to AFIC
Subdivision 1 - AFIC to continue
18. AFIC continues to have certain powers
19. Delegation of AFIC's powers
Subdivision 2 - Provisions about AFIC's staff
20. Definition
21. Transfer of staff to APRA under transfer agreement
22. Effect of transfer to APRA or Australian Public Service
23. Statement of accrued benefits and other details
Subdivision 3 - Information may be given to APRA or ASIC
24. Giving of information
Subdivision 4 - Transfer of AFIC's assets and liabilities
25. Transfer of assets and liabilities
Subdivision 5 - Proceedings involving AFIC
26. Continuation and preservation of certain civil proceedings involving AFIC
27. Continuation of certain offence proceedings
Division 3 - Provisions relating to FINCOM
Subdivision 1 - Dissolution of FINCOM
28. Dissolution of FINCOM
Subdivision 2 - General
29. Supervision Fund
30. Credit Unions Contingency Fund
31. Transitional arrangements regarding final report and audit of FINCOM
Subdivision 3 - Provisions about FINCOM's staff
32. Transfer of staff to APRA under transfer agreement
33. Effect of transfer to APRA or Australian Public Service
34. Statement of accrued benefits and other details
Subdivision 4 - Information may be given to APRA or ASIC
35. Giving of information
Subdivision 5 - Transfer of FINCOM's assets and liabilities
36. Transfer of assets and liabilities
Subdivision 6 - Proceedings involving FINCOM
37. Continuation and preservation of civil proceedings involving FINCOM
38. Continuation of certain offence proceedings
Division 4 - APRA's and ASIC's functions and powers under Codes
39. Conferral of functions and powers relating to building societies, credit unions and friendly societies
40. AFIC Code provisions
41. Financial Institutions Code provisions
42. Financial Institutions Code provisions as applied under section 40 of AFIC Code
43. Friendly Societies Code provisions
44. Conferral of functions and powers
Division 5 - Miscellaneous
45. Dormant accounts
46. Withdrawable shares in building societies
47. Matters in relation to dissolved or deregistered societies
48. Mergers and transfers of engagements commenced under Financial Institutions (NSW) Code
49. Mergers and transfers of engagements commenced under Friendly Societies (NSW) Code
50. Australian Financial Institutions Appeals Tribunal
Division 6 - State taxes
51. Exemption from State taxes
Division 7 - References to building societies, credit unions and friendly societies
52. Building societies and credit unions
53. Friendly societies
Division 8 - Savings or transitional regulations
54. Savings or transitional regulations
PART 6 - AMENDMENTS
55. (Repealed)
PART 7 - MISCELLANEOUS
56. Delegation
57. Regulations
Schedule 2 (Repealed)
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