Commonwealth Consolidated ActsAct No. 76 of 1973 as amended
This compilation was prepared on 2 September 2009
taking into account amendments up to Act No. 75 of 2009
The text of any of those amendments not in force
on that date is appended in the Notes section
The operation of
amendments that have been incorporated may be
affected by application provisions that are set out in the Notes section
Prepared by the Office of Legislative Drafting and
Publishing,
Attorney‑General's Department, Canberra
Contents
Part I--Preliminary 1
1............ Short title [see Note 1] ....................................................................... 1
2............ Commencement [see Note 1] .............................................................. 1
2A......... Main object of this Act ...................................................................... 1
3............ Interpretation ...................................................................................... 2
3A......... Certain insurance contracts not taken to be insurance business ....... 11
4............ Meaning of subsidiary ...................................................................... 11
5............ Application of Act ........................................................................... 12
6............ Act extends to external Territories ................................................... 12
7............ Determination that certain provisions do not apply ........................ 12
7A......... Breach of condition of a determination ............................................. 13
Part II--Administration 15
8............ General administration of Act .......................................................... 15
Part III--Authorisation to carry on insurance business 16
Division 1--Need to be authorised 16
9............ Persons other than bodies corporate and Lloyd's underwriters carrying on insurance business 16
10.......... Bodies corporate and Lloyd's underwriters carrying on insurance business 16
11.......... Meaning of general insurer .............................................................. 17
11A....... Injunctions ........................................................................................ 17
Division 2--Authorisation to carry on insurance business 20
12.......... Obtaining an authorisation ................................................................ 20
13.......... Conditions on an authorisation ......................................................... 21
14.......... Breach of authorisation conditions ................................................... 22
Division 3--Revocation of an authorisation 23
15.......... When APRA may revoke an authorisation ...................................... 23
16.......... When APRA must revoke a general insurer's authorisation ............ 24
17.......... Assignment of liabilities to enable revocation .................................. 25
Division 3A--Transfer and amalgamation of insurance business 28
17A....... Interpretation .................................................................................... 28
17B....... Transfer or amalgamation of insurance business .............................. 28
17C....... Steps to be taken before application for confirmation ..................... 29
17D....... Actuarial report on scheme ............................................................... 29
17E........ Application to Court ........................................................................ 30
17F........ Confirmation of scheme .................................................................... 30
17G....... Effect of confirmation etc. ................................................................ 30
17H....... Costs of actuary's report ................................................................. 31
17I......... Documents to be lodged in case of transfer or amalgamation ........... 31
Division 4--Authorisation to be a NOHC of a general insurer 32
18.......... Authorisation to be a NOHC ........................................................... 32
19.......... Conditions on a NOHC authorisation .............................................. 32
20.......... Breach of conditions on a NOHC authorisation ............................... 33
21.......... When APRA may revoke a NOHC authorisation ............................ 34
22.......... When APRA must revoke a NOHC authorisation ........................... 35
23.......... Publication of list of authorised NOHCs ......................................... 36
Division 5--Directors, senior managers and other representatives of general insurers and authorised NOHCs 37
24.......... Disqualified persons must not act for general insurers or authorised NOHCs 37
25.......... Who is a disqualified person? ........................................................... 39
25A....... Court power of disqualification ........................................................ 40
26.......... Court power to revoke or vary a disqualification etc. ...................... 42
27.......... APRA may remove a director or senior manager of a general insurer, authorised NOHC or corporate agent 43
Division 6--Other matters 46
28.......... General insurer must hold sufficient assets ...................................... 46
29.......... Change of name of a general insurer or authorised NOHC ............... 46
30.......... General insurer or authorised NOHC ceasing to exist ...................... 47
31.......... Effect of authorisation as a general insurer ....................................... 47
Part IIIA--Prudential supervision and monitoring of general insurers, authorised NOHCs and their subsidiaries 48
Division 1--The prudential standards 48
32.......... APRA may determine prudential standards .................................... 48
34.......... Notification of prudential standards ................................................. 50
35.......... Obligation to comply with the prudential standards ........................ 50
Division 3--Monitoring of prudential matters 51
38.......... APRA to monitor prudential matters ............................................... 51
38AA.... Requirement to notify APRA of certain matters ............................. 51
Division 4--Protections in relation to information 54
Subdivision A--Protection for whistleblowers 54
38A....... Disclosures qualifying for whistleblower protection ....................... 54
38B....... Whistleblower protection for disclosures that qualify ..................... 55
38C....... Victimisation of whistleblowers prohibited ..................................... 56
38D....... Right to compensation ...................................................................... 57
38E........ Confidentiality requirement for company, company officers and employees and auditors 57
Subdivision B--Self‑incrimination 59
38F........ Self‑incrimination .............................................................................. 59
Part IV--Auditors, actuaries and accounts 60
Division 1--The auditor and actuary of a general insurer 60
39.......... Requirement for general insurers to have an auditor and actuary ..... 60
41.......... Compliance with prudential standards ............................................. 60
43.......... When a person stops holding an appointment ................................. 60
43A....... Disqualified persons must not act as auditor or actuary of general insurer 61
44.......... Court power of disqualification ........................................................ 62
45.......... Court power to revoke or vary a disqualification etc. ...................... 63
46.......... Notification of appointment as an auditor or actuary ...................... 64
48.......... Referring matters to professional associations for auditors and actuaries 64
Division 2--Provision of information to APRA 66
49.......... Duty of auditors and actuaries to give information when required .. 66
49A....... Additional duty of auditors and actuaries to give information ......... 66
49B....... Auditor or actuary may give information to APRA ......................... 70
49C....... Indemnity ......................................................................................... 70
Division 3--Actuarial investigation required by APRA 71
49E........ Actuarial investigation of liabilities .................................................. 71
49F........ Offence for contravening section 49E ............................................... 72
49G....... Who can be appointed as a section 49E actuary .............................. 73
49H....... Delegate's decision to extend time for providing actuary's report ... 73
Division 4--Role of auditor and actuary of a general insurer 74
49J........ Auditor's role ................................................................................... 74
49K....... Actuary's role ................................................................................... 74
49L........ Lodgment of auditor's certificate and actuary's reports .................. 75
Division 5--Accounts 76
49Q....... Keeping of accounting records .......................................................... 76
Division 6--Removal of auditors and actuaries 77
49R....... APRA may direct removal of auditor or actuary ............................. 77
Part V--Investigations of general insurers etc. 79
50.......... Interpretation .................................................................................... 79
52.......... Investigation of general insurer, authorised NOHC or subsidiary by APRA or inspector 80
54.......... Entry on premises ............................................................................ 83
55.......... Powers of APRA or inspector ......................................................... 83
56.......... Persons to comply with requirements of APRA or the inspector ... 84
57.......... Person may be represented by a legal practitioner ........................... 85
58.......... Notes of examination of person ........................................................ 85
59.......... Delegation ......................................................................................... 86
60.......... Report of APRA or the inspector .................................................... 86
61.......... Offences ............................................................................................ 88
Part VA--Investigations of unauthorised insurance 89
62A....... Investigations relating to contraventions of section 9 or 10 etc. ...... 89
62B....... Access to premises ........................................................................... 89
62C....... Powers of APRA or inspector ......................................................... 90
62D....... Persons to comply with requirements of APRA or the inspector ... 91
62E........ Person may be represented by a legal practitioner ........................... 92
62F........ Notes of examination of person ........................................................ 92
62G....... Delegation ......................................................................................... 92
62H....... Investigations to be completed within a reasonable time ................. 93
62J........ Report of the inspector .................................................................... 93
Part VB--Judicial management, other external administration and winding up 94
Division 1--Judicial management of general insurers 94
62K....... Application for order for judicial management ................................. 94
62L........ Order for judicial management after investigation ............................ 94
62M...... Order for judicial management on other grounds .............................. 95
62N....... Commencement of judicial management ........................................... 95
62P........ Stay of proceedings during judicial management .............................. 96
62Q....... No judicial management except in accordance with this Act ............ 96
62R....... Appointment of judicial manager ..................................................... 96
62S........ Remuneration of judicial manager ..................................................... 96
62T....... Management vests in judicial manager .............................................. 97
62U....... Effect on external administrator of judicial manager managing general insurer 97
62V....... Judicial manager being in control not ground for denying obligation 98
62W...... Continued application of other Parts of Act .................................... 98
62X....... Federal Court's control of judicial manager ...................................... 98
62Y....... Powers of judicial manager ............................................................... 99
62Z....... Judicial manager's additional powers to facilitate recapitalisation . 100
62ZA.... Considering report before acting under section 62Z ....................... 101
62ZB..... Act under section 62Z not ground for denying obligation .............. 103
62ZC..... Application by APRA for instructions to judicial manager ........... 104
62ZD.... Request by APRA for information ................................................ 104
62ZE..... Duration of judicial management .................................................... 104
62ZF..... Cancellation of judicial management ............................................... 104
62ZG.... How judicial manager is to manage ................................................. 105
62ZH.... Disclaimer of onerous property ..................................................... 105
62ZI...... Report by judicial manager ............................................................. 106
62ZJ...... Order of Federal Court on report of judicial manager ..................... 107
62ZK.... Transfer of business to another general insurer .............................. 108
62ZL..... Resignation ..................................................................................... 108
62ZM... Immunity ........................................................................................ 108
62ZN.... Exceptions to Part IV of the Trade Practices Act 1974 .................. 109
62ZO.... Limited application of Division to foreign general insurers ............ 109
Division 2--Extra provisions relating to external administration of general insurers 110
62ZP..... Relationship of this Division with Chapter 5 of the Corporations Act 2001 110
62ZQ.... Involving APRA in applications to appoint external administrators of general insurers 110
62ZR..... Involving APRA in applications by liquidator ............................... 111
62ZS..... Application by APRA for directions ............................................. 111
62ZT..... APRA may request information from liquidator ............................ 111
Division 3--Extra provisions for winding up general insurers 112
62ZU.... Order to wind up general insurer on APRA's application ............. 112
62ZV..... Relationship with the Corporations Act 2001 ................................ 112
Part VC--Financial claims scheme for policyholders with insolvent general insurers 113
Division 1--Preliminary 113
62ZW.... Purpose of this Part ........................................................................ 113
62ZX.... APRA's functions relating to this Part .......................................... 113
62ZY..... Determination that policies are not protected policies ................... 113
62ZZ..... Determination that persons do not have entitlements .................... 114
62ZZA.. Allowing extra time for claims ........................................................ 114
62ZZB.. Approval of forms .......................................................................... 114
Division 2--Declaration of general insurer 115
62ZZC.. Declaration that Division 3 applies in relation to general insurer ... 115
62ZZD.. Advice and information for decision on making declaration ........... 116
62ZZE.. APRA may advise Minister of its belief of insolvency ................. 117
Division 3--Early payment of claims 118
62ZZF.. Entitlement to payment of claimant under protected policy ......... 118
62ZZG.. Entitlement to payment of third party ........................................... 119
62ZZH.. Entitlement on basis of notionally extended cover ......................... 120
62ZZI... APRA must determine insurer's liability in respect of claim ......... 120
62ZZJ... Determinations APRA must make on application ......................... 121
62ZZK.. Payment .......................................................................................... 122
62ZZKA....................... Giving information about payments in a financial year 122
62ZZL.. Substitution of APRA as insurer's creditor ................................... 123
62ZZM. Meeting of entitlement taken to be payment by insurer ................ 123
Division 4--Administration 125
62ZZN.. APRA to try to ensure awareness of making of claims .................. 125
62ZZO.. Requiring assistance ........................................................................ 125
62ZZP.. Obtaining information relevant to determining and paying entitlements 125
62ZZQ.. Enforcing requirement to give information ..................................... 127
62ZZR.. Obtaining further information from claimant or applicant ............. 128
62ZZS... Recovery of overpayments ............................................................ 129
62ZZT.. APRA may delegate functions and powers under this Part ........... 129
62ZZU.. APRA's costs of administration .................................................... 129
Division 5--Exceptions to Part IV of the Trade Practices Act 1974 131
62ZZV.. Exceptions to Part IV of the Trade Practices Act 1974 .................. 131
Part VI--Review of decisions 132
63.......... Review of certain decisions ............................................................ 132
64.......... Statements to accompany notification of decisions ....................... 134
Part VII--Lloyd's 135
Division 1--Preliminary 135
65.......... Simplified outline ............................................................................ 135
66.......... Definitions ...................................................................................... 136
Division 2--Security trust fund arrangements 137
67.......... Security trust funds ........................................................................ 137
68.......... Security trust fund arrangements .................................................... 137
69.......... Designated security trust funds ...................................................... 139
70.......... Rules about designated security trust funds ................................... 139
71.......... Transfers to trustee of security trust fund--presumption of regularity 140
72.......... When security trust fund constitutes an adequate security for the class of insurance liabilities secured by the fund ........................................................................................................ 140
73.......... Affairs of security trust fund ......................................................... 140
Division 3--General powers of APRA 141
74.......... APRA may direct that Lloyd's underwriters must not issue or renew policies 141
75.......... Actuarial investigation of adequacy of security provided by designated security trust funds 142
76.......... Provision for liabilities in the accounts of designated security trust funds 143
Division 4--Investigations 145
Subdivision A--Inquiries and directions by APRA 145
77.......... Inquiries by APRA ......................................................................... 145
78.......... Direction not to deal with certain assets ........................................ 145
Subdivision B--Investigations 147
79.......... Investigation of designated security trust fund by APRA or inspector 147
80.......... Entry on premises .......................................................................... 148
81.......... Powers of APRA or the inspector to obtain information etc. ........ 148
82.......... Persons to comply with requirements of APRA or the inspector . 149
83.......... Person may be represented by a legal practitioner ......................... 150
84.......... Notes of examination of person ...................................................... 150
85.......... Delegation ....................................................................................... 151
86.......... Report of APRA or the inspector .................................................. 151
Subdivision C--Offences 153
87.......... Offences .......................................................................................... 153
Division 5--Judicial trusteeship of designated security trust funds 154
88.......... Application for order for judicial trusteeship ................................. 154
89.......... Grounds for order for judicial trusteeship ...................................... 154
90.......... Commencement of judicial trusteeship ........................................... 155
91.......... Stay of proceedings during judicial trusteeship .............................. 155
92.......... Appointment of judicial trustee ..................................................... 156
92A....... Terms and conditions of appointment of judicial trustee ............... 156
92B....... Property vesting orders .................................................................. 157
92C....... Powers of judicial trustee ............................................................... 158
92D....... Court's control of judicial trustee ................................................... 158
92E........ Direction not to deal with certain assets ........................................ 159
92F........ Provision for liabilities in the accounts of designated security trust funds 159
92G....... Application by APRA for instructions to judicial trustee ............. 160
92H....... Request by APRA for information ................................................ 160
92J........ Duration of judicial trusteeship ...................................................... 160
92K....... Cancellation of judicial trusteeship ................................................. 160
92L........ Report by judicial trustee ............................................................... 161
92M...... Judicial trustee may formulate a scheme for the winding‑up or dissolution, or both, of a designated security trust fund ........................................................................................................ 162
92N....... Resignation ..................................................................................... 163
92P........ Indemnity ....................................................................................... 163
92Q....... Security deposit .............................................................................. 164
92R....... Application of security deposit--costs of judicial trusteeship of designated security trust fund 165
92S........ Return of security deposit .............................................................. 166
Division 6--Authorisation of Lloyd's underwriters 167
93.......... Lloyd's underwriters ...................................................................... 167
Division 7--Miscellaneous 170
94.......... Trustee of designated security trust fund not to be treated as carrying on insurance business 170
94A....... Injunctions ...................................................................................... 170
95.......... Agent of Lloyd's ............................................................................ 171
96.......... Address for service ......................................................................... 171
97.......... Lloyd's to give notice of by‑laws ................................................... 172
98.......... Part does not authorise Lloyd's underwriter to carry on any business the underwriter could not otherwise have carried on .................................................................................................... 172
Part VIII--Effect of Act on other laws 173
99.......... Operation of State and Territory laws on section 10 ..................... 173
100........ Act not to affect certain State and Territory laws .......................... 173
102........ Laws about accounts or accounting records ................................... 174
103........ Parts V and VA not to affect operation of certain laws ................. 174
Part IX--Directions 175
104........ APRA may give directions in certain circumstances ...................... 175
105........ Direction not grounds for denial of obligations .............................. 179
106........ Supply of information about issue and revocation of directions .... 180
107........ Secrecy requirements ...................................................................... 181
108........ Non‑compliance with a direction .................................................... 181
Part X--Miscellaneous 183
115........ Power to require production of information, books, accounts or documents 183
115AA.. Information relating to contraventions of section 9 or 10 etc. ........ 184
115AB.. Persons to comply with requirements of APRA or authorised person .. 184
115A..... Access to premises ......................................................................... 185
116........ General insurer not to carry on insurance business after start of winding up 186
116A..... Assets and liabilities in Australia ................................................... 187
117........ Address for service in Australia ..................................................... 189
118........ Agent in Australia ........................................................................... 189
120........ Saving if section 93 ceases to have effect ....................................... 191
121........ Service of documents and notices ................................................... 191
122........ Register to be kept .......................................................................... 192
123........ Inspection of Register and auditors' certificates ............................ 192
124........ Evidence and judicial notice ............................................................ 193
125........ APRA Act secrecy provisions apply ............................................ 193
126........ Acceptance and enforcement of undertakings ................................ 193
127........ Severability ..................................................................................... 194
127A..... Compensation for acquisition of property ..................................... 195
128........ Signing of documents ...................................................................... 195
128A..... Continuing offences ........................................................................ 195
129........ Time for bringing proceedings ........................................................ 196
129A..... Joinder of charges and penalties for certain offences ...................... 196
129C..... General insurers must comply with determinations of the Superannuation Complaints Tribunal 197
129D..... Injunctions ...................................................................................... 197
129E...... Civil penalties ................................................................................. 200
130........ Preparation of forms ....................................................................... 200
131........ Costs of investigations ................................................................... 200
131A..... Authorising contracts etc. for protecting policyholders' interests and financial system stability 200
131B..... Borrowing funds for payments under authorised contracts etc. .... 202
132........ Regulations ..................................................................................... 202
Schedule 1--Civil penalties 204
Part 1--Contravention of a civil penalty provision 204
1............ Federal Court may order person to pay pecuniary penalty for contravening civil penalty provision 204
2............ Contravening a civil penalty provision is not an offence ............... 205
3............ Persons involved in contravening civil penalty provision .............. 205
4............ Recovery of a pecuniary penalty ................................................... 205
5............ Civil evidence and procedure rules for pecuniary penalty orders .. 205
Part 2--Civil penalty proceedings and criminal proceedings 206
6............ Civil proceedings after criminal proceedings .................................. 206
7............ Criminal proceedings during civil proceedings ................................ 206
8............ Criminal proceedings after civil proceedings .................................. 206
9............ Evidence given in proceedings for penalty not admissible in criminal proceedings 206
Notes 209
An Act relating to Insurance
Notes to
the
Insurance Act 1973 Note 1 The Insurance Act 1973 as shown in this compilation
comprises Act No. 76, 1973 amended as indicated in the Tables below. For application, saving or transitional provisions made by the
Corporations (Repeals, Consequentials and Transitionals) Act 2001, see
Act No. 55, 2001. All relevant information pertaining to application, saving or
transitional provisions prior to 30 June 1997 is not included in this
compilation. For subsequent information see Table A. Table of Acts
|
Act |
Number |
Date |
Date of commencement |
Application, saving or transitional provisions |
|
|
76, 1973 |
19 June 1973 |
Parts I and II |
|
||
|
Statute Law Revision Act 1973 |
216, 1973 |
19 Dec 1973 |
31 Dec 1973 |
Ss. 9(1) and 10 |
|
|
Federal Court of Australia (Consequential Provisions) Act 1976 |
157, 1976 |
9 Dec 1976 |
-- |
||
|
31, 1977 |
18 May 1977 |
Ss. 3, 12, 13(2), (3), 14, 16-18, 20, |
2 style='margin-top:0cm'>24(2)-(7) |
||
|
92, 1981 |
18 June 1981 |
Part X (ss. 25-35): 1 July 1982 (see
Gazette 1982, |
-- |
||
|
177, 1981 |
8 Dec 1981 |
1 Mar 1983 (see Gazette 1983, |
-- |
||
|
as amended by |
|
|
|
|
|
|
26, 1982 |
7 May 1982 |
Part XI (ss. 73-75): 1 Mar 1983 (see Gazette 1983,
|
-- |
||
|
54, 1983 |
1 Oct 1983 |
-- |
|||
|
129, 1983 |
22 Dec 1983 |
S. 3(c): (d) |
|||
|
as amended by |
|
|
|
|
|
|
72, 1984 |
25 June 1984 |
S. 3: (e) |
|||
|
16, 1989 |
20 Apr 1989 |
(see 16, 1989 below) |
-- |
||
|
72, 1984 |
25 June 1984 |
||||
|
Australian Trade Commission (Transitional Provisions and Consequential Amendments) Act 1985 |
187, 1985 |
16 Dec 1985 |
Part VIII (s. 60): |
-- |
|
|
168, 1986 |
18 Dec 1986 |
S. 3: Royal Assent (h) |
|||
|
Insurance and Superannuation Commissioner (Consequential Provisions) Act 1987 |
99, 1987 |
5 Nov 1987 |
23 Nov 1987 (see Gazette 1987, |
Ss. 32 and 33 |
|
|
38, 1988 |
3 June 1988 |
S. 3: Royal Assent (i) |
|||
|
87, 1988 |
8 Nov 1988 |
Ss. 1 and 2: Royal Assent |
-- |
||
|
16, 1989 |
20 Apr 1989 |
Ss. 5, 6, 9-18, 22(2), 23, 26(a), 27-32, 33(a), 34(2),
38, 39, 45(a), (b), (d), 47 and 48: 20 Oct 1989 |
-- |
||
|
32, 1991 |
20 Mar 1991 |
20 Mar 1991 |
-- |
||
|
Export Finance and Insurance Corporation (Transitional Provisions and Consequential Amendments) Act 1991 |
149, 1991 |
21 Oct 1991 |
1 Nov 1991 |
-- |
|
|
1, 1992 |
6 Jan 1992 |
6 Jan 1992 |
|||
|
6, 1992 |
6 Jan 1992 |
15 Mar 1992 (see Gazette 1992, |
-- |
||
|
210, 1992 |
24 Dec 1992 |
-- |
|||
|
88, 1993 |
30 Nov 1993 |
Part 1 (ss. 1-4), |
-- |
||
|
48, 1994 |
7 Apr 1994 |
Ss. 1-3, 10 and 40: Royal Assent |
|||
|
Life Insurance (Consequential Amendments and Repeals) Act 1995 |
5, 1995 |
23 Feb 1995 |
1 July 1995 (see |
-- |
|
|
Superannuation Industry (Supervision) Legislation Amendment Act 1995 |
144, 1995 |
12 Dec 1995 |
Schedule 1: Royal Assent (k) |
-- |
|
|
Workplace Relations and Other Legislation Amendment Act 1996 |
60, 1996 |
25 Nov 1996 |
Schedule 19 (item 21): Royal Assent (l) |
S. 2(2) and (6) (am. by 77, 1996, Sch. 3 [items 1, 2]) |
|
|
as amended by |
|
|
|
|
|
|
Workplace Relations and Other Legislation Amendment Act (No. 2) 1996 |
77, 1996 |
19 Dec 1996 |
Schedule 3 (items 1, 2): (m) |
-- |
|
|
Retirement Savings Accounts (Consequential Amendments) Act 1997 |
62, 1997 |
28 May 1997 |
2 June 1997 (see s. 2 and Gazette 1997, No. S202) |
-- |
|
|
107, 1997 |
30 June 1997 |
Schedule 5: Royal Assent (n) |
Sch. 5 (items 17, 26, 123) [see Table A] |
||
|
35, 1998 |
22 Apr 1998 |
Schedule 1: 30 Apr 1998 (see Gazette 1998,
No. S188) |
Sch. 1 (items |
||
|
48, 1998 |
29 June 1998 |
Schedule 1 (items 98-113): 1 July 1998 (see Gazette 1998, S316) (o) |
-- |
||
|
Financial Sector Reform (Amendments and Transitional Provisions) Act 1998 |
54, 1998 |
29 June 1998 |
Schedule 9 (Parts 1, 2): 1 July 1998 (see
Gazette 1998, S316) (p) |
-- |
|
|
61, 1998 |
29 June 1998 |
Schedule 4 (items 11, 12): 1 July 1998 (see
Gazette 1998, No. S317) (q) |
S. 2(5) (am. by 63, 1998, Sch. 7) |
||
|
as amended by |
|
|
|
|
|
|
63, 1998 |
29 June 1998 |
Schedule 7: (r) |
-- |
||
|
Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 |
44, 1999 |
17 June 1999 |
Schedule 7 (items 106-113): 1 July 1999
(see Gazette 1999, No. S283) (s) |
Sch. 8 (items |
|
|
as amended by |
|
|
|
|
|
|
160, 2000 |
21 Dec 2000 |
Schedule 1 (item 21): Royal Assent |
-- |
||
|
Criminal Code Amendment (Theft, Fraud, Bribery and Related Offences) Act 2000 |
137, 2000 |
24 Nov 2000 |
Ss. 1-3 and Schedule 1 (items 1, 4, 6, 7,
9-11, 32): Royal Assent |
Sch. 2 (items |
|
|
Treasury Legislation Amendment (Application of Criminal Code) Act (No. 1) 2001 |
31, 2001 |
28 Apr 2001 |
Ss. 1-3, Schedule 1 (items 1-4) and Schedule 2:
Royal Assent |
-- |
|
|
as amended by |
|
|
|
|
|
|
Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001 |
117, 2001 |
18 Sept 2001 |
Schedule 2 (item 1): (t) |
-- |
|
|
Corporations (Repeals, Consequentials and Transitionals) Act 2001 |
55, 2001 |
28 June 2001 |
Ss. 4-14 and Schedule 3 (items 277-290): 15 July 2001 (see Gazette 2001, No. S285) (u) |
||
|
as amended by |
|
|
|
|
|
|
116, 2003 |
27 Nov 2003 |
Schedule 4 (item 2): (ua) |
-- |
||
|
119, 2001 |
19 Sept 2001 |
Schedules 1 and 3: 1 July 2002 |
Sch. 2 (items |
||
|
as amended by |
|
|
|
|
|
|
37, 2002 |
26 June 2002 |
(see 37, 2002 below) |
-- |
||
|
100, 2005 |
6 July 2005 |
Schedule 2 (item 19): (ub) |
-- |
||
|
Financial Sector (Collection of Data--Consequential and Transitional Provisions) Act 2001 |
121, 2001 |
24 Sept 2001 |
Ss. 1-3: Royal Assent |
Sch. 2 (item 45) and Sch. 3 [see Table A] |
|
|
Financial Services Reform (Consequential Provisions) Act 2001 |
123, 2001 |
27 Sept 2001 |
Schedule 1 (items 240-244): 11 Mar 2002 (see Gazette 2001, No. GN42) (v) |
-- |
|
|
37, 2002 |
26 June 2002 |
Schedule 4 (items 1-17): (w) |
-- |
||
|
Workplace Relations Legislation Amendment (Registration and Accountability of Organisations) (Consequential Provisions) Act 2002 |
105, 2002 |
14 Nov 2002 |
Schedule 3 (item 52): 12 May 2003 (see s. 2 and Gazette 2002, No. GN49) |
-- |
|
|
Medical Indemnity (Prudential Supervision and Product Standards) (Consequential Amendments) Act 2003 |
36, 2003 |
2 May 2003 |
1 July 2003 |
-- |
|
|
Australian Prudential Regulation Authority Amendment Act 2003 |
42, 2003 |
24 June 2003 |
Ss. 1-3: Royal Assent |
Sch. 3 [see Table A] |
|
|
116, 2003 |
27 Nov 2003 |
Schedule 5: 28 Nov 2003 |
-- |
||
|
as amended by |
|
|
|
|
|
|
100, 2005 |
6 July 2005 |
Schedule 2 (item 12): (x) |
-- |
||
|
38, 2005 |
1 Apr 2005 |
Schedule 1 (items 219, 220): 16 May 2005 |
-- |
||
|
100, 2005 |
6 July 2005 |
Schedule 1 (item 27): (y) |
-- |
||
|
8, 2007 |
15 Mar 2007 |
Schedule 4 (item 17): Royal Assent |
-- |
||
|
Private Health Insurance (Transitional Provisions and Consequential Amendments) Act 2007 |
32, 2007 |
30 Mar 2007 |
Schedule 2 (item 53): 1 Apr 2007 (see s. 2(1)) |
-- |
|
|
Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007 |
149, 2007 |
24 Sept 2007 |
Schedule 2: 1 July
2008 |
Sch. 2 (item 7) [see Table A] |
|
|
as amended by |
|
|
|
|
|
|
Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 |
25, 2008 |
26 May 2008 |
Schedule 1 (item 71): (z) |
-- |
|
|
Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007 |
154, 2007 |
24 Sept 2007 |
Schedule 1 (items
53-66, 292, 296) and Schedule 4 (items 43-50): Royal Assent |
Sch. 1 (items 292, 296) [see Table A] |
|
|
Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 |
25, 2008 |
26 May 2008 |
Schedule 1 (items 10-21),
Schedule 2 (items 7-16), Schedule 3 (items 1-27, |
Sch. 1 (item 21), Sch. 2 (item 16), Sch. 3 (item 27) and Sch. 4 (item 43) [see Table A] |
|
|
54, 2008 |
25 June 2008 |
25 June 2008 |
-- |
||
|
Financial System Legislation Amendment (Financial Claims Scheme and Other Measures) Act 2008 |
105, 2008 |
17 Oct 2008 |
Schedule 1 (items 18-34,
62): (za) |
Sch. 1 (item 62) and Sch. 3 (items 8, 10, 12, 15, 17) [see Table A] |
|
|
Tax Laws Amendment (2009 Measures No. 2) Act 2009 |
42, 2009 |
23 June 2009 |
Schedule 1 (items 30-33): Royal Assent |
Sch. 1 (item 31) [see Table A] |
|
|
Fair Work (State Referral and Consequential and Other Amendments) Act 2009 |
54, 2009 |
25 June 2009 |
Schedule 18 (item 11): (zb) |
-- |
|
|
Financial Sector Legislation Amendment (Enhancing Supervision and Enforcement) Act 2009 |
75, 2009 |
27 Aug 2009 |
Schedule 1 (item 215): [see
Note 2] |
Sch. 2 (item 14) [see Table A] |
|
(a) The Insurance Act 1973 was amended by Part X (sections 25-35) only of the Companies (Miscellaneous Amendments) Act 1981, subsection 2(3) of which provides as follows:
(3) The provisions of this Act other than the provisions referred to in subsections (1) and (2) shall come into operation on the day on which the Companies Act 1981 comes into operation.
(b) The Census and Statistics Amendment Act (No. 2) 1981 was amended by Part XI (sections 73-75) only of the Statute Law (Miscellaneous Amendments) Act (No. 1) 1982, subsection 2(3) of which provides as follows:
(3) Part XI shall come into operation, or shall be deemed to have come into operation, as the case requires, on the date of commencement of the Census and Statistics Amendment Act (No. 2) 1981.
(c) The Insurance Act 1973 was amended by Part V (section 132) only of the Health Legislation Amendment Act 1983, subsection 2(2) of which provides as follows:
(2) The remaining provisions of this Act shall come into operation on 1 February 1984.
(d) Paragraph 3(c) of the Insurance Amendment Act 1983 was repealed by section 8 of the Insurance Legislation Amendment Act 1989 before a date was fixed for its commencement.
(e) The Insurance Amendment Act 1983 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act (No. 1) 1984, subsection 2(14) of which provides as follows:
(14) The amendment of the Insurance Amendment Act 1983 made by this Act shall be deemed to have come into operation on 19 January 1984.
(f) The Insurance Act 1973 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act (No. 1) 1984, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act shall come into operation on the twenty‑eighth day after the day on which it receives the Royal Assent.
(g) The Insurance Act 1973 was amended by Part VIII (section 60) only of the Australian Trade Commission (Transitional Provisions and Consequential Amendments) Act 1985, subsection 2(1) of which provides as follows:
(1) Subject to subsections (2) and (3), this Act shall come into operation on the commencing day.
Section 3 of the Australian Trade Commission Act 1985 defines "commencing day" as the day fixed by Proclamation for the purposes of subsection 2(2) of that Act.
(h) The Insurance Act 1973 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act (No. 2) 1986, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act shall come into operation on the day on which it receives the Royal Assent.
(i) The Insurance Act 1973 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act 1988, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(j) The Insurance Act 1973 was amended by section 125 only of the Corporate Law Reform Act 1992, subsection 2(3) of which provides as follows:
(3) Subject to subsection (4), the remaining provisions of this Act commence on a day or days to be fixed by Proclamation.
(k) The Insurance Act 1973 was amended by Schedule 1 only of the Superannuation Industry (Supervision) Legislation Amendment Act 1995, subsection 2(1) of which provides as follows:
(1) Sections 1, 2 and 3, subsection 4(1), section 5, Schedules 1 and 2, items 1, 6, 10, 22 to 27, 30 to 33, 71 to 75 and 86 of Schedule 4 and items 1 to 7, 10 to 12, 25 to 71, 73 to 78, paragraphs (a), (b) and (c) of item 95, paragraphs (a) and (b) of item 96 and items 97 to 102 of Schedule 5 commence on the day on which this Act receives the Royal Assent.
(l) The Insurance Act 1973 was amended by Schedule 19 (item 21) only of the Workplace Relations and Other Legislation Amendment Act 1996, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(m) The Workplace Relations and Other Legislation Amendment Act 1996 was amended by Schedule 3 (items 1, 2) only of the Workplace Relations and Other Legislation Amendment Act (No. 2) 1996, subsection 2(4) of which provides as follows:
(4) The items of Schedule 3 are taken to have commenced immediately after the Workplace Relations and Other Legislation Amendment Act 1996 received the Royal Assent.
The Workplace Relations and Other Legislation Amendment Act 1996 received the Royal Assent on 25 November 1996.
(n) The Insurance Act 1973 was amended by Schedule 5 only of the Financial Laws Amendment Act 1997, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(o) The Insurance Act 1973 was amended by Schedule 1 (items 98-113) only of the Financial Sector Reform (Consequential Amendments) Act 1998, subsection 2(2) of which provides as follows:
(2) Subject to subsections (3) to (14), Schedules 1, 2 and 3 commence on the commencement of the Australian Prudential Regulation Authority Act 1998.
The Australian Prudential Regulation Authority Act 1998 came into operation on 1 July 1998.
(p) The Insurance Act 1973 was amended by Schedule 9 (items 1-197) only of the Financial Sector Reform (Amendments and Transitional Provisions) Act 1998, subsections 2(2)(g) and (10) of which provide as follows:
(2) The following provisions of this Act commence on the commencement of the Australian Prudential Regulation Authority Act 1998:
(g) Schedule 9, subject to subsections (9) and (10);
(10) Parts 3 and 4 of Schedule 9 commence:
(b) immediately after the commencement of item 5 of Schedule 2 to the Insurance Laws Amendment Act 1998 if the Australian Prudential Regulation Authority Act 1998 commences on or before the commencement of that item.
The Australian Prudential Regulation Authority Act 1998 came into operation on 1 July 1998.
Schedule 2 (other than item 27) to the Insurance Laws Amendment Act 1998 commenced on 1 July 2000 (see Gazette 2000, No. GN25).
(q) The Insurance Act 1973 was amended by Schedule 4 (items 11 and 12) and Schedule 5 (item 33) only of the Company Law Review Act 1998, subsections 2(2) and (5) of which provide as follows:
(2) Subject to subsection (3), section 3 and Schedules 1, 2, 3 and 4 commence on a day to be fixed by Proclamation.
(5) Schedule 5 commences immediately after section 1 of the Taxation Laws Amendment (Company Law Review) Act 1998 commences.
Section 1 of the Taxation Laws Amendment (Company Law Review) Act 1998 commences immediately after item 32 of Schedule 3 of the Taxation Laws Amendment (Company Law Review) Act 1998 commences.
Item 32 of Schedule 3 commenced on 1 July 1998 (see Gazette 1998, No. S317).
(r) The Company Law Review Act 1998 was amended by Schedule 7 only of the Taxation Laws Amendment (Company Law Review) Act 1998, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences on a day to be fixed by Proclamation.
However, if that day is the same day as the day on which Schedule 3 to the Company Law Review Act 1998 commences, this Act commences immediately after item 32 of that Schedule commences.
Item 32 of Schedule 3 commenced on 1 July 1998 (see Gazette 1998, No. S317)
(s) The Insurance Act 1973 was amended by Schedule 7 (items 106-113) only of the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999, subsections 3(1), (2)(e) and (16) of which provide as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(2) The following provisions commence on the transfer date:
(e) subject to subsection (12), Schedule 7, other than items 43, 44, 118, 205 and 207 (the commencement of those items is covered by subsections (10), (11) and (13)).
(16) The Governor‑General may, by Proclamation published in the Gazette, specify the date that is to be the transfer date for the purposes of this Act.
(t) The Treasury Legislation Amendment (Application of Criminal Code) Act (No. 1) 2001 was amended by Schedule 2 (item 1) only of the Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001, subsection 2(4) of which provides as follows:
(4) Schedule 2 and Part 4 of Schedule 3 are taken to have commenced immediately after the commencement of item 14 of Schedule 1 to the Treasury Legislation Amendment (Application of Criminal Code) Act (No. 1) 2001.
Item 14 of Schedule 1 commenced on 15 December 2001.
(u) The Insurance Act 1973 was amended by Schedule 3 (items 277-290) only of the Corporations (Repeals, Consequentials and Transitionals) Act 2001, subsection 2(3) of which provides as follows:
(3) Subject to subsections (4) to (10), Schedule 3 commences, or is taken to have commenced, at the same time as the Corporations Act 2001.
(ua) Subsection 2(1) (item 6) of the Financial Sector Legislation Amendment Act (No. 1) 2003 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, on the day or at the time specified in column 2 of the table.
|
Commencement information |
||
|
Column 1 |
Column 2 |
Column 3 |
|
Provision(s) |
Commencement |
Date/Details |
|
6. Schedule 4, item 2 |
Immediately after the time specified in the Corporations (Repeals, Consequentials and Transitionals) Act 2001 for the commencement of item 284 of Schedule 3 to that Act |
15 July 2001 |
(ub) Subsection 2(1) (item 37) of the Statute Law Revision Act 2005 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
37. Schedule 2, item 19 |
Immediately after the time specified in the General Insurance Reform Act 2001 for the commencement of Schedule 1 to that Act. |
1 July 2002 |
(v) The Insurance Act 1973 was amended by Schedule 1 (items 240-244) only of the Financial Services Reform (Consequential Provisions) Act 2001, subsections 2(1) and (6) of which provide as follows:
(1) In this section :
FSR commencement means the commencement of item 1 of Schedule 1 to the Financial Services Reform Act 2001.
(6) Subject to subsections (7) to (17), the other items of Schedule 1 commence on the FSR commencement.
(w) Subsection 2(1) (items 3 and 4) of the Financial Sector Legislation Amendment Act (No. 1) 2002 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, on the day or at the time specified in column 2 of the table.
|
Provision(s) |
Commencement |
Date/Details |
|
3. Schedule 4, items 1 to 17 |
Immediately after the commencement of Schedule 1 to the General Insurance Reform Act 2001. |
1 July 2002 |
|
4 Schedule 4, item 18 |
Immediately after the commencement of Schedule 2 to the General Insurance Reform Act 2001. |
19 September 2001 |
(x) Subsection 2(1) (item 32) of the Statute Law Revision Act 2005 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
32. Schedule 2, item 12 |
Immediately after the time specified in the Financial Sector Legislation Amendment Act (No. 1) 2003 for the commencement of Schedule 5 to that Act. |
28 November 2003 |
(y) Subsection 2(1) (item 17) of the Statute Law Revision Act 2005 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
17. Schedule 1, item 27 |
After the commencement of both Schedule 1 to the General Insurance Reform Act 2001 and Schedule 2 to the Financial Sector (Collection of Data--Consequential and Transitional Provisions) Act 2001. |
1 July 2002 |
(z) Subsection 2(1) (items 3, 4, 7, 9 and 10) of the Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
3. Schedule 1, item 71 |
Immediately before the commencement of items 9A, 9B, 9D, 9E, 9F and 9G of Schedule 2 to the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007. However, the provision(s) do not commence at all if those items commence before the day on which this Act receives the Royal Assent. |
1 July 2008 |
|
4. Schedule 1, items 72 to 83 |
The later of: (a) the start of the day on which this Act receives the Royal Assent; and (b) immediately after the commencement of Schedule 2 to the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007. However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur. |
1 July 2008 (paragraph (b) applies) |
|
7. Schedule 3, Part 2, Division 1 |
The day on which this Act receives the Royal Assent. However, the provision(s) do not commence at all if items 8 and 13 to 33 of Schedule 2 to the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007 have not commenced before that day. |
Does not commence |
|
9. Schedule 3, items 65 and 66 |
Immediately before the commencement of items 8 and 13 to 33 of Schedule 2 to the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007. However, the provision(s) do not commence at all if those items commence before the day on which this Act receives the Royal Assent. |
1 July 2008 |
|
10. Schedule 3, item 67 |
Immediately after the commencement of item 5 of Schedule 2 to the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007. However, the provision(s) do not commence at all if that item commences before the day on which this Act receives the Royal Assent. |
1 July 2008 |
(za) Subsection 2(1) (items 2 and 3) of the Financial System Legislation Amendment (Financial Claims Scheme and Other Measures) Act 2008 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
2. Schedule 1 |
Immediately after the provision(s) covered by table item 3. |
18 October 2008 |
|
3. Schedules 2 to 5 |
The day after this Act receives the Royal Assent. |
18 October 2008 |
(zb) Subsection 2(1) (item 41) of the Fair Work (State Referral and Consequential and Other Amendments) Act 2009 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
41. Schedule 18 |
Immediately after the commencement of Part 2‑4 of the Fair Work Act 2009. |
1 July 2009 |
Table of Amendments
|
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted |
|
|
Provision affected |
How affected |
|
Part I |
|
|
ad. No. 119, 2001 |
|
|
|
am. No. 105, 2008 |
|
am. No. 216, 1973; No. 157, 1976; No. 31, 1977; No. 92, 1981; Nos. 54 and 129, 1983; No. 99, 1987; No. 87, 1988; No. 16, 1989; No. 1, 1992; No. 5, 1995; No. 60, 1996; Nos. 62 and 107, 1997; Nos. 35, 48 and 54, 1998; No. 44, 1999; Nos. 55, 119, 121 and 123, 2001; No. 105, 2002; No. 42, 2003; Nos. 32, 149 and 154, 2007; Nos. 25, 54 and 105, 2008; No. 54, 2009 |
|
|
ad. No. 1, 1992 |
|
|
|
am. No. 54, 1998 |
|
|
rep. No. 119, 2001 |
|
|
ad. No. 149, 2007 (as rs. by No. 25, 2008) |
|
Heading to s. 4.................... |
rs. No. 119, 2001 |
|
am. No. 92, 1981; No. 72, 1984 |
|
|
|
rs. No. 107, 1997 |
|
|
am. Nos. 55 and 119, 2001 |
|
am. No. 31, 1977; No. 129, 1983; No. 187, 1985; No. 38, 1988; No. 149, 1991; No. 88, 1993; No. 44, 1999; No. 119, 2001 |
|
|
rs. No. 216, 1973; No. 119, 2001 |
|
|
rs. No. 119, 2001 |
|
|
|
am. No. 154, 2007; No. 25, 2008 |
|
ad. No. 119, 2001 |
|
|
Part II |
|
|
rs. No. 99, 1987; No. 54, 1998 |
|
|
|
am. No. 123, 2001 |
|
Part III |
|
|
Part III .................................. |
rs. No. 119, 2001 |
|
Division 1 |
|
|
am. No. 129, 1983 |
|
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
rs. No. 31, 1977 |
|
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
rep. No. 99, 1987 |
|
|
|
ad. No. 119, 2001 |
|
ad. No. 149, 2007 |
|
|
Division 2 |
|
|
am. No. 31, 1977 |
|
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
|
am. No. 36, 2003 |
|
am. No. 216, 1973 |
|
|
|
rs. No. 31, 1977 |
|
|
rep. No. 129, 1983 |
|
|
ad. No. 119, 2001 |
|
|
am. No. 25, 2008 |
|
am. No. 31, 1977; No. 129, 1983 |
|
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
|
am. No. 116, 2003 |
|
Note 3 to s. 14(2)................ |
rep. No. 116, 2003 |
|
Division 3 |
|
|
rs. No. 31, 1977 |
|
|
|
am. No. 129, 1983 |
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
|
am. No. 25, 2008 |
|
rep. No. 31, 1977 |
|
|
|
ad. No. 119, 2001 |
|
rep. No. 31, 1977 |
|
|
|
ad. No. 119, 2001 |
|
|
am. No. 116, 2003; No. 25, 2008 |
|
Note 3 to s. 17(9)................ |
rep. No. 116, 2003 |
|
Division 3A |
|
|
ad. No. 119, 2001 |
|
|
ad. No. 119, 2001 |
|
|
|
am. No. 105, 2008 |
|
ad. No. 119, 2001 |
|
|
Division 4 |
|
|
rep. No. 99, 1987 |
|
|
|
ad. No. 119, 2001 |
|
am. No. 31, 1977 |
|
|
|
rs. No. 129, 1983 |
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
|
am. No. 25, 2008 |
|
S. 19A................................. |
ad. No. 129, 1983 |
|
|
rs. No. 107, 1997 |
|
|
rep. No. 54, 1998 |
|
am. No. 129, 1983 |
|
|
|
rep. No. 99, 1987 |
|
|
ad. No. 119, 2001 |
|
|
am. No. 116, 2003 |
|
Note 3 to s. 20(2)................ |
rep. No. 116, 2003 |
|
rs. No. 129, 1983 |
|
|
|
am. No. 107, 1997; No. 35, 1998; No. 31, 2001 |
|
|
rs. No. 119, 2001 |
|
|
am. No. 25, 2008 |
|
am. No. 92, 1981; No. 129, 1983; No. 107, 1997; Nos. 54 and 61, 1998; No. 137, 2000 |
|
|
|
rs. No. 119, 2001 |
|
am. No. 129, 1983; No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 121, 2001 |
|
|
|
rs. No. 119, 2001 |
|
Division 5 |
|
|
am. No. 129, 1983; No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 121, 2001 |
|
|
|
rs. No. 119, 2001 |
|
|
am. No. 25, 2008 |
|
rep. No. 31, 1977 |
|
|
|
ad. No. 119, 2001 |
|
|
am. No. 37, 2002; No. 149, 2007; No. 25, 2008 |
|
Note to s. 25(1)................... |
am. No. 25, 2008 |
|
ad. No. 37, 2002 |
|
|
|
rs. No. 25, 2008 |
|
|
am. No. 25, 2008 |
|
rep. No. 129, 1983 |
|
|
|
ad. No. 119, 2001 |
|
|
am. No. 37, 2002 |
|
|
rs. No. 25, 2008 |
|
Heading to s. 27.................. |
am. No. 149, 2007 |
|
am. No. 31, 1977; No. 129, 1983; No. 107, 1997; No. 54, 1998 |
|
|
|
rs. No. 119, 2001 |
|
|
am. No. 116, 2003; No. 149, 2007; No. 25, 2008 |
|
Note 3 to s. 27(8)................ |
rep. No. 116, 2003 |
|
Division 6 |
|
|
am. No. 54, 1998 |
|
|
|
rs. No. 119, 2001 |
|
|
am. No. 105, 2008 |
|
rs. No. 129, 1983 |
|
|
|
am. No. 1, 1992; No. 107, 1997; No. 54, 1998 |
|
|
rs. No. 119, 2001 |
|
am. No. 31, 1977; No. 129, 1983; No. 168, 1986; No. 48, 1994; No. 5, 1995; No. 107, 1997; Nos. 48 and 54, 1998; No. 44, 1999 |
|
|
|
rs. No. 119, 2001 |
|
am. No. 31, 1977; No. 129, 1983; No. 168, 1986; No. 5, 1995; No. 107, 1997; No. 54, 1998; No. 31, 2001 |
|
|
|
rs. No. 119, 2001 |
|
Part IIIA |
|
|
Part IIIA ............................... |
ad. No. 119, 2001 |
|
Division 1 |
|
|
am. No. 31, 1977 |
|
|
|
rs. No. 119, 2001 |
|
|
am. No. 37, 2002; No. 154, 2007; No. 25, 2008 |
|
S. 33.................................... |
am. No. 31, 1977; No. 92, 1981; No. 129, 1983; No. 168, 1986; No. 48, 1994; No. 107, 1997; No. 54, 1998 |
|
|
rs. No. 119, 2001 |
|
|
am. No. 37, 2002 |
|
|
rep. No. 154, 2007 |
|
am. No. 107, 1997; Nos. 35 and 54, 1998 |
|
|
|
rs. No. 119, 2001 |
|
Heading to s. 34A............... |
am. No. 54, 1998 |
|
|
rep. No. 119, 2001 |
|
S. 34A................................. |
ad. No. 35, 1998 |
|
|
am. No. 54, 1998; No. 31, 2001 (as rep. by No. 117, 2001) |
|
|
rep. No. 119, 2001 |
|
Note to s. 34A(10).............. |
ad. No. 31, 2001 |
|
|
rep. No. 119, 2001 |
|
am. No. 129, 1983; No. 107, 1997 |
|
|
|
rs. No. 119, 2001 |
|
S. 35A................................. |
ad. No. 116, 2003 |
|
|
rep. No. 154, 2007 |
|
Div. 2 of Part IIIA.................. |
rep. No. 25, 2008 |
|
S. 36.................................... |
am. No. 31, 1977; No. 129, 1983; No. 107, 1997; No. 54, 1998 |
|
|
rs. No. 119, 2001 |
|
|
rep. No. 25, 2008 |
|
S. 37.................................... |
am. No. 129, 1983; No. 32, 1991; No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 31, 2001 |
|
|
rs. No. 119, 2001 |
|
|
am. No. 116, 2003 |
|
|
rep. No. 25, 2008 |
|
Note 3 to s. 37(4)................ |
rep. No. 116, 2003 |
|
Division 3 |
|
|
rs. No. 119, 2001 |
|
|
ad. No. 154, 2007 |
|
|
Division 4 |
|
|
Div. 4 of Part IIIA.................. |
ad. No. 154, 2007 |
|
Subdivision A |
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ad. No. 154, 2007 |
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Subdivision B |
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ad. No. 154, 2007 |
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Part IV |
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Part IV................................. |
rs. No. 119, 2001 |
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Division 1 |
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am. No. 92, 1981; No. 129, 1983; No. 107, 1997 |
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rs. No. 119, 2001 |
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am. No. 154, 2007; No. 25, 2008 |
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Note to s. 39(1)................... |
rep. No. 154, 2007 |
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S. 40.................................... |
am. No. 129, 1983; No. 107, 1997; No. 54, 1998; No. 31, 2001 |
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rs. No. 119, 2001 |
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rep. No. 154, 2007 |
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am. No. 31, 1977; No. 129, 1983; No. 107, 1997; No. 54, 1998 |
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rs. No. 119, 2001 |
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S. 42.................................... |
am. No. 129, 1983 |
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rs. No. 119, 2001 |
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am. No. 37, 2002 |
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rep. No. 154, 2007 |
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am. No. 129, 1983; No. 54, 1998 |
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rs. No. 119, 2001 |
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am. No. 37, 2002; No. 154, 2007; No. 25, 2008 |
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ad. No. 25, 2008 |
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Heading to s. 44.................. |
am. No. 54, 1998 |
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rep. No. 121, 2001 |
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am. No. 129, 1983; No. 1, 1992; No. 107, 1997; Nos. 35 and 54, 1998; No. 31, 2001 |
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rep. No. 121, 2001 |
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ad. No. 119, 2001 |
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rs. No. 25, 2008 |
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am. No. 31, 1977; No. 129, 1983; No. 107, 1997 |
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rs. No. 35, 1998 |
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am. No. 54, 1998 |
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rep. No. 121, 2001 |
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ad. No. 119, 2001 |
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rs. No. 25, 2008 |
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am. No. 31, 1977; No. 129, 1983; No. 107, 1997; No. 54, 1998 |
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rs. No. 119, 2001 |
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S. 47.................................... |
am. No. 31, 1977; No. 129, 1983; No. 107, 1997 |
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rs. No. 119, 2001 |
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am. No. 116, 2003 |
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rep. No. 154, 2007 |
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Note 3 to s. 47(6)................ |
rep. No. 116, 2003 |
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Heading to s. 48.................. |
am. No. 54, 1998 |
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rs. No. 119, 2001; No. 154, 2007 |
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am. No. 129, 1983; No. 107, 1997; Nos. 35 and 54, 1998; No. 31, 2001 |
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rs. No. 119, 2001; No. 154, 2007 |
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am. No. 25, 2008 |
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S. 48A................................. |
ad. No. 1, 1992 |
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am. No. 107, 1997; No. 54, 1998; No. 31, 2001 |
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rep. No. 119, 2001 |
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Heading to s. 48B................ |
am. No. 54, 1998 |
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rep. No. 119, 2001 |
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S. 48B................................. |
ad. No. 1, 1992 |
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am. No. 54, 1998 |
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rep. No. 119, 2001 |
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Division 2 |
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am. No. 129, 1983; No. 107, 1997; No. 54, 1998 |
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rep. No. 121, 2001 |
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ad. No. 119, 2001 |
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am. No. 116, 2003 |
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Part IVA............................... |
ad. No. 107, 1997 |
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rep. No. 119, 2001 |
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Subheads. to s. 49A(1)-(3) |
ad. No. 154, 2007 |
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ad. No. 107, 1997 |
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rs. No. 119, 2001 |
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am. No. 154, 2007 |
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ad. No. 107, 1997 |
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am. Nos. 48 and 54, 1998; No. 44, 1999 |
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rs. No. 119, 2001 |
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am. No. 116, 2003 |
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ad. No. 107, 1997 |
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am. No. 54, 1998; No. 137, 2000 |
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rs. No. 119, 2001 |
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S. 49D................................. |
ad. No. 107, 1997 |
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am. No. 54, 1998 |
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rs. No. 119, 2001 |
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rep. No. 154, 2007 |
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Division 3 |
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ad. No. 107, 1997 |
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am. Nos. 48 and 54, 1998; No. 44, 1999 |
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rs. No. 119, 2001 |
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ad. No. 107, 1997 |
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am. No. 54, 1998; No. 31, 2001 |
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rs. No. 119, 2001 |
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ad. No. 107, 1997 |
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am. No. 54, 1998; No. 55, 2001 |
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rs. No. 119, 2001 |
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ad. No. 107, 1997 |
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am. No. 54, 1998 |
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rs. No. 119, 2001 |
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am. No. 25, 2008 |
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Division 4 |
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Heading to s. 49J................ |
am. No. 54, 1998 |
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rep. No. 121, 2001 |
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ad. No. 107, 1997 |
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am. Nos. 35 and 54, 1998; No. 31, 2001 |
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rep. No. 121, 2001 |
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ad. No. 119, 2001 |
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ad. No. 107, 1997 |
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rs. No. 35, 1998 |
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am. No. 54, 1998 |
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rep. No. 121, 2001 |
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ad. No. 119, 2001 |
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ad. No. 107, 1997 |
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am. No. 54, 1998 |
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rs. No. 119, 2001 |
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am. No. 116, 2003 |
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Note 3 to s. 49L(2).............. |
rep. No. 116, 2003 |
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Division 5 |
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S. 49M................................. |
ad. No. 107, 1997 |
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rs. No. 119, 2001 |
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rep. No. 25, 2008 |
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Heading to s. 49N................ |
am. No. 54, 1998 |
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rs. No. 119, 2001 |
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rep. No. 25, 2008 |
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S. 49N................................. |
ad. No. 107, 1997 |
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am. No. 54, 1998; No. 31, 2001 |
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rs. No. 119, 2001 |
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am. No. 37, 2002 |
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rep. No. 25, 2008 |
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S. 49P.................................. |
ad. No. 107, 1997 |
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am. No. 54, 1998 |
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rep. No. 121, 2001 |
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ad. No. 119, 2001 |
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am. No. 116, 2003 |
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rep. No. 25, 2008 |
|
Note 3 to s. 49P(2).............. |
rep. No. 116, 2003 |
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ad. No. 119, 2001 |
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Division 6 |
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Div. 6 of Part IV................... |
ad. No. 154, 2007 |
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ad. No. 154, 2007 |
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Part V |
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Heading to Part V................ |
rs. No. 149, 2007 |
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am. No. 92, 1981; Nos. 1 and 210, 1992; No. 107, 1997; No. 54, 1998; No. 55, 2001 (as am. by No. 116, 2003); No. 119, 2001; No. 8, 2007 |
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Heading to s. 51.................. |
am. No. 54, 1998 |
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rep. No. 25, 2008 |
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S. 51.................................... |
am. No. 31, 1977; No. 129, 1983; No. 48, 1994; No. 107, 1997; No. 54, 1998; Nos. 31 and 119, 2001 |
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rep. No. 25, 2008 |
|
Heading to s. 52.................. |
am. No. 54, 1998; No. 119, 2001 |
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am. No. 129, 1983; No. 1, 1992; No. 107, 1997; No. 54, 1998; Nos. 119 and 121, 2001; No. 100, 2005; No. 149, 2007; No. 25, 2008 |
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S. 53.................................... |
rep. No. 1, 1992 |
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am. No. 129, 1983; No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 119, 2001 |
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Heading to s. 55.................. |
am. No. 54, 1998; No. 119, 2001 |
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am. No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 119, 2001 (as am. by No. 100, 2005) |
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Heading to s. 56.................. |
am. No. 54, 1998 |
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am. No. 129, 1983; No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 137, 2000 |
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am. No. 1, 1992; No. 54, 1998 |
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am. No. 1, 1992; No. 107, 1997; No. 54, 1998 |
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am. No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 119, 2001; No. 42, 2003 |
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Heading to s. 60.................. |
am. No. 54, 1998 |
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am. No. 129, 1983; No. 1, 1992; No. 107, 1997; No. 54, 1998; No. 119, 2001; No. 25, 2008 |
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am. No. 129, 1983; No. 107, 1997 |
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S. 62.................................... |
am. No. 31, 1977; No. 129, 1983; No. 168, 1986; No. 1, 1992; No. 107, 1997; No. 54, 1998; Nos. 31, 119 and 121, 2001 |
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rep. No. 25, 2008 |
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Part VA |
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Part VA............................... |
ad. No. 149, 2007 |
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ad. No. 149, 2007 |
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ad. No. 149, 2007 |
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Part VB |
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Part VB................................ |
ad. No. 105, 2008 |
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Division 1 |
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ad. No. 105, 2008 |
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ad. No. 105, 2008 |
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ad. No. 105, 2008 |
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Division 2 |
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ad. No. 105, 2008 |
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Division 3 |
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ad. No. 105, 2008 |
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Part VC |
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Part VC................................ |
ad. No. 105, 2008 |
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Division 1 |
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ad. No. 105, 2008 |
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ad. No. 105, 2008 |
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Division 2 |
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ad. No. 105, 2008 |
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Division 3 |
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ad. No. 105, 2008 |
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S. 62ZZKA.......................... |
ad. No. 42, 2009 |
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ad. No. 105, 2008 |
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ad. No. 105, 2008 |
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am. No. 42, 2009 |
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Division 4 |
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ad. No. 105, 2008 |
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ad. No. 105, 2008 |
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am. No. 42, 2009 |
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ad. No. 105, 2008 |
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Division 5 |
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ad. No. 105, 2008 |
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Part VI |
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Part VI ................................ |
rs. No. 31, 1977 |
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rs. No. 31, 1977 |
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am. No. 129, 1983; No. 107, 1997; No. 54, 1998; No. 119, 2001; No. 37, 2002; No. 38, 2005; No. 25, 2008 |
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rep. No. 31, 1977 |
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ad. No. 129, 1983 |
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am. No. 107, 1997; No. 54, 1998; No. 25, 2008 |
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Part VII |
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Division 1 |
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Div. 1 of Part VII.................. |
ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 25, 2008 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 55, 2001 |
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Division 2 |
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Div. 2 of Part VII.................. |
ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 154, 2007 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 154, 2007 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
|
Division 3 |
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Heading to Div. 3 of ............ |
rs. No. 54, 1998 |
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Div. 3 of Part VII.................. |
ad. No. 35, 1998 |
|
Heading to s. 74.................. |
am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 25, 2008 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 55, 2001; No. 154, 2007 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 25, 2008 |
|
Division 4 |
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Div. 4 of Part VII.................. |
ad. No. 35, 1998 |
|
Subdivision A |
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Heading to Subdiv. A of...... |
rs. No. 54, 1998 |
|
Heading to s. 77.................. |
am. No. 54, 1998 |
|
rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 25, 2008 |
|
Subdivision B |
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Heading to s. 79.................. |
am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
|
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am. No. 54, 1998; No. 137, 2000 |
|
Heading to s. 81.................. |
am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
|
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am. No. 54, 1998 |
|
Heading to s. 82.................. |
am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 137, 2000 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 42, 2003 |
|
Heading to s. 86.................. |
am. No. 54, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
|
Subdivision C |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
|
Division 5 |
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Div. 5 of Part VII.................. |
ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
|
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am. No. 54, 1998 |
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rep. No. 157, 1976 |
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ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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rep. No. 31, 1977 |
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ad. No. 35, 1998 |
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am. No. 55, 2001 |
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ad. No. 35, 1998 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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ad. No. 35, 1998 |
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Heading to s. 92G............... |
am. No. 54, 1998 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
|
Heading to s. 92H................ |
am. No. 54, 1998 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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ad. No. 35, 1998 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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ad. No. 35, 1998 |
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ad. No. 35, 1998 |
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am. No. 54, 1998; No. 25, 2008 |
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ad. No. 35, 1998 |
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am. No. 25, 2008 |
|
Division 6 |
|
|
Heading to Div. 6 of ............ |
ad. No. 35, 1998 |
|
am. No. 31, 1977; No. 129, 1983; No. 107, 1997; Nos. 35 and 54, 1998; No. 119, 2001; No. 25, 2008 |
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Division 7 |
|
|
Heading to Div. 7 of ............ |
ad. No. 35, 1998 |
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am. No. 129, 1983; No. 107, 1997 |
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rs. No. 35, 1998 |
|
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am. No. 119, 2001 |
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ad. No. 35, 1998 |
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am. No. 54, 1998 |
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am. No. 107, 1997 |
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rs. No. 35, 1998 |
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am. No. 54, 1998 |
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rs. No. 35, 1998 |
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am. No. 54, 1998 |
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rs. No. 35, 1998 |
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am. No. 54, 1998 |
|
Heading to s. 98.................. |
am. No. 107, 1997 |
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am. No. 107, 1997 |
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Part VIII |
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rs. No. 119, 2001 |
|
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am. No. 107, 1997 |
|
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S. 101.................................. |
rep. No. 31, 1977 |
|
Heading to s. 102................ |
rs. No. 119, 2001 |
|
am. No. 92, 1981; No. 119, 2001 |
|
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Heading to s. 103................ |
am. No. 149, 2007 |
|
am. No. 92, 1981; No. 149, 2007 |
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|
Part IX |
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Part IX.................................. |
rep. No. 54, 1998 |
|
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ad. No. 25, 2008 |
|
rep. No. 129, 1983 |
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ad. No. 25, 2008 |
|
am. No. 31, 1977; No. 129, 1983; No. 1, 1992; No. 107, 1997 |
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rep. No. 54, 1998 |
|
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ad. No. 25, 2008 |
|
|
am. No. 105, 2008 |
|
S. 105A............................... |
ad. No. 31, 1977 |
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am. No. 129, 1983; No. 107, 1997 |
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rep. No. 54, 1998 |
|
am. No. 129, 1983; No. 107, 1997 |
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rep. No. 54, 1998 |
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ad. No. 25, 2008 |
|
am. No. 31, 1977; No. 129, 1983; No. 107, 1997 |
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rep. No. 54, 1998 |
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ad. No. 25, 2008 |
|
am. No. 31, 1977; No. 129, 1983 |
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rep. No. 54, 1998 |
|
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ad. No. 25, 2008 |
|
S. 109.................................. |
rs. No. 31, 1977 |
|
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am. No. 129, 1983; No. 107, 1997 |
|
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rep. No. 54, 1998 |
|
Ss. 110-112........................ |
rep. No. 31, 1977 |
|
S. 113.................................. |
am. No. 31, 1977; No. 129, 1983 |
|
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rep. No. 16, 1989 |
|
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ad. No. 107, 1997 |
|
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am. No. 54, 1998; No. 31, 2001 |
|
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rep. No. 123, 2001 |
|
S. 114.................................. |
am. No. 54, 1998 |
|
|
rep. No. 119, 2001 |
|
Part X |
|
|
Heading to s. 115................ |
am. No. 119, 2001 |
|
rs. No. 31, 1977 |
|
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|
am. No. 129, 1983; No. 107, 1997; No. 54, 1998; Nos. 119 and 121, 2001; No. 36, 2003 |
|
ad. No. 149, 2007 |
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ad. No. 31, 1977 |
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|
am. No. 107, 1997; No. 54, 1998; Nos. 119 and 121, 2001; No. 36, 2003; No. 149, 2007 |
|
am. No. 107, 1997; No. 54, 1998 |
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rs. No. 119, 2001 |
|
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am. No. 105, 2008 |
|
ad. No. 119, 2001 |
|
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|
am. Nos. 25 and 105, 2008 |
|
Notes 1-3 to s. 116A(1)..... |
ad. No. 105, 2008 |
|
Note to s. 116A(2).............. |
ad. No. 105, 2008 |
|
am. No. 107, 1997; No. 54, 1998 |
|
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|
rs. No. 119, 2001 |
|
|
am. No. 37, 2002 |
|
S. 117A............................... |
ad. No. 1, 1992 |
|
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am. No. 107, 1997; Nos. 31 and 121, 2001 |
|
|
rep. No. 119, 2001 |
|
Note to s. 117A(5).............. |
ad. No. 31, 2001 |
|
|
rep. No. 119, 2001 |
|
am. No. 31, 1977; No. 107, 1997; No. 54, 1998; No. 119, 2001; No. 37, 2002; No. 149, 2007 |
|
|
S. 119.................................. |
am. No. 129, 1983; No. 48, 1994; No. 107, 1997; Nos. 48 and 54, 1998 |
|
|
rep. No. 119, 2001 |
|
Heading to s. 120................ |
am. No. 35, 1999 |
|
am. No. 107, 1997; No. 35, 1998; No. 119, 2001 |
|
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am. No. 107, 1997; Nos. 35 and 54, 1998 |
|
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am. No. 54, 1998; No. 119, 2001 |
|
|
Heading to s. 123................ |
am. No. 121, 2001 |
|
am. No. 129, 1983; No. 1, 1992; Nos. 35 and 54, 1998; Nos. 119 and 121, 2001 |
|
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am. No. 31, 1977; No. 54, 1998 |
|
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am. No. 129, 1983 |
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rs. No. 54, 1998 |
|
rs. No. 31, 1977 |
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|
am. No. 99, 1987; No. 6, 1992 |
|
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rs. No. 107, 1997 |
|
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rep. No. 54, 1998 |
|
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ad. No. 119, 2001 |
|
am. No. 31, 1977; No. 177, 1981 (as am. by No. 26, 1982); No. 129, 1983 (as am. by No. 72, 1984); No. 107, 1997 |
|
|
|
rep. No. 54, 1998 |
|
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ad. No. 119, 2001 |
|
ad. No. 105, 2008 |
|
|
Heading to s. 128................ |
rs. No. 119, 2001 |
|
am. No. 92, 1981; No. 129, 1983; No. 16, 1989; No. 1, 1992; No. 107, 1997; No. 35, 1998; No. 137, 2000; Nos. 31, 55, 119 and 121, 2001 |
|
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ad. No. 119, 2001 |
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am. No. 25, 2008 |
|
am. No. 129, 1983 |
|
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ad. No. 129, 1983 |
|
|
|
am. No. 119, 2001; No. 25, 2008 |
|
S. 129B............................... |
ad. No. 129, 1983 |
|
|
rep. No. 107, 1997 |
|
Heading to s. 129C.............. |
am. No. 119, 2001 |
|
ad. No. 144, 1995 |
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|
am. No. 62, 1997; No. 119, 2001 |
|
ad. No. 144, 1995 |
|
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am. No. 54, 1998; No. 119, 2001 |
|
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rs. No. 75, 2009 |
|
ad. No. 105, 2008 |
|
|
am. No. 107, 1997; No. 54, 1998 |
|
|
am. No. 1, 1992; No. 119, 2001 |
|
|
ad. No. 105, 2008 |
|
|
am. No. 31, 1977; No. 129, 1983; No. 107, 1997; Nos. 48 and 54, 1998; No. 121, 2001 |
|
|
Schedule ............................ |
am. No. 31, 1977; No. 129, 1983; No. 54, 1998 |
|
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rep. No. 35, 1999 |
|
Schedule 1 |
|
|
Schedule 1.......................... |
ad. No. 105, 2008 |
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Part 1 |
|
|
Cc. 1-5................................ |
ad. No. 105, 2008 |
|
Part 2 |
|
|
Cc. 6-9................................ |
ad. No. 105, 2008 |
Note 2
Financial Sector Legislation Amendment (Enhancing Supervision and Enforcement) Act 2009 (No. 75, 2009)
The following amendment commences on 27 February 2010 unless proclaimed earlier:
Schedule 1
215 Paragraph 116A(4)(b)
After "registered under", insert "section 21 of".
As at 2 September 2009 the amendment is not incorporated in this compilation.
Table A
Application, saving or transitional provisions
Financial Laws Amendment Act 1997 (No. 107, 1997)
Schedule 5
17 Saving
A delegation that was in force under section 19A of the Insurance Act 1973 immediately before the commencement of item 16 continues in force as if it had been given under the section substituted by that item.
26 Saving
An approval that was in force under subsection 30(2) of the Insurance Act 1973 immediately before the commencement of item 25 continues in force for the purposes of this Act (other than Parts IVA, V and X) as if it had been duly given under the subsection substituted by that item.
123 Application
The amendments made by items 120, 121 and 122 take effect immediately after the commencement of the amendments made by the other items.
Insurance Laws Amendment Act 1998 (No. 35, 1998)
Schedule 1
30 Application--amendments relating to accounts and statements
(1) Despite the amendments of the Insurance Act 1973 made by this Schedule, that Act continues to apply, in relation to accounts and statements that are required to be lodged under subsection 44(1) or 49J(1) of that Act in respect of a financial year of a body corporate that ended before the commencement of this item, as if those amendments had not been made.
(2) Despite the amendments of the Insurance Act 1973 made by this Schedule, that Act continues to apply, in relation to statements that are required to be lodged under subsection 44(6) of that Act in respect of a quarter that ended before the commencement of this item, as if those amendments had not been made.
31 Application--section 34 of the Insurance Act 1973
The amendments of section 34 of the Insurance Act 1973 made by this Schedule apply to applications made after the commencement of this item.
32 Transitional--regulations under section 44 of the Insurance Act 1973
(1) This item applies to regulations that were in force for the purposes of paragraph 44(2)(m) of the Insurance Act 1973 immediately before the commencement of this item.
(2) The regulations have effect, after the commencement of this item, as if they had been made for the purposes of paragraph 44(1)(b) of the Insurance Act 1973.
33 Transitional--determinations under section 44 of the Insurance Act 1973
(1) This item applies to a determination that was in force for the purposes of paragraph 44(2)(m) of the Insurance Act 1973 immediately before the commencement of this item.
(2) The determination has effect, after the commencement of this item, as if it had been made for the purposes of paragraph 44(1)(a) of the Insurance Act 1973.
34 Transitional--determinations under section 49J of the Insurance Act 1973
(1) This item applies to a determination that was in force for the purposes of paragraph 49J(2)(d) of the Insurance Act 1973 immediately before the commencement of this item.
(2) The determination has effect, after the commencement of this item, as if it had been made for the purposes of subsection 49J(1) of the Insurance Act 1973.
Schedule 2
25 Transitional--statutory deposit
(1) This item applies to any securities held by the Treasurer in accordance with paragraph 1 of the Schedule to the Insurance Act 1973 immediately before the commencement of this item.
(2) Sections 92Q and 92S of the Insurance Act 1973 have effect as if those securities had been deposited under section 92Q of that Act, immediately after the commencement of this item, by:
(a) Lloyd's; or
(b) if a company is nominated in a written notice given by Lloyd's to the Commissioner--that company.
26 Transitional--agent and address
(1) This item applies to anything done by Lloyd's in accordance with paragraph 6 or 7 of the Schedule to the Insurance Act 1973 before the commencement of this item.
(2) The Insurance Act 1973 has effect, after the commencement of this item, as if those things had been done by Lloyd's in accordance with section 95 or 96, as the case may be, of that Act.
27 Transitional--exercise of approval powers between Royal Assent and commencement
If:
(a) in accordance with section 4 of the Acts Interpretation Act 1901, an instrument is made under section 68 or 70 of the Insurance Act 1973 before the commencement of item 5; and
(b) the instrument is expressed to confer power on the Commissioner to give an approval;
the power may be exercised, and anything may be done for the purpose of enabling the exercise of the power, before the commencement of item 5 as if the instrument had come into operation before the commencement of item 5.
Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 (No. 44, 1999)
Schedule 8
1 Definitions
(1) In this Part:
AFIC means the Australian Financial Institutions Commission.
AFIC Code means any of the following Codes of a State or Territory:
(a) the AFIC (NSW) Code of New South Wales;
(b) the AFIC (Victoria) Code of Victoria;
(c) the AFIC (Queensland) Code of Queensland;
(d) the AFIC (Western Australia) Code of Western Australia;
(e) the AFIC (South Australia) Code of South Australia;
(f) the AFIC (Tasmania) Code of Tasmania;
(g) the AFIC (ACT) Code of the Australian Capital Territory;
(h) the AFIC (NT) Code of the Northern Territory.
APRA means the Australian Prudential Regulation Authority.
APRA Act means the Australian Prudential Regulation Authority Act 1998.
APRA employee means a person appointed under section 45 of the APRA Act.
ASIC means the Australian Securities and Investments Commission.
FIC body means a body that is a society, or a special services provider, as defined in section 3 of any of the Financial Institutions Codes.
Financial Institutions Code means any of the following Codes of a State or Territory:
(a) the Financial Institutions (NSW) Code of New South Wales;
(b) the Financial Institutions (Victoria) Code of Victoria;
(c) the Financial Institutions (Queensland) Code of Queensland;
(d) the Financial Institutions (Western Australia) Code of Western Australia;
(e) the Financial Institutions (South Australia) Code of South Australia;
(f) the Financial Institutions (Tasmania) Code of Tasmania;
(g) the Financial Institutions (ACT) Code of the Australian Capital Territory;
(h) the Financial Institutions (NT) Code of the Northern Territory.
Friendly Societies Code means any of the following Codes of a State or Territory:
(a) the Friendly Societies (NSW) Code of New South Wales;
(b) the Friendly Societies (Victoria) Code of Victoria;
(c) the Friendly Societies (Queensland) Code of Queensland;
(d) the Friendly Societies (Western Australia) Code of Western Australia;
(e) the Friendly Societies (South Australia) Code of South Australia;
(f) the Friendly Societies (Tasmania) Code of Tasmania;
(g) the Friendly Societies (ACT) Code of the Australian Capital Territory;
(h) the Friendly Societies (NT) Code of the Northern Territory.
friendly society means a body that is a society for the purposes of any of the Friendly Societies Codes.
SSA means any of the following:
(a) the New South Wales Financial Institutions Commission;
(b) the Victorian Financial Institutions Commission;
(c) the Queensland Office of Financial Supervision;
(d) the Western Australian Financial Institutions Authority;
(e) the South Australian Office of Financial Supervision;
(f) the Tasmanian Office of Financial Supervision;
(g) the Registrar of Financial Institutions of the Australian Capital Territory;
(h) the Territory Supervisory Authority of the Northern Territory.
State or Territory employee means a person who, immediately before the transfer date, is:
(a) an officer, employee, or member of the staff of, AFIC or an SSA; or
(b) the Executive Director of AFIC; or
(c) the holder of any other statutory office within AFIC or an SSA, other than a statutory office of member (including a Chair or Deputy Chair, however described) of, or of the governing body of, AFIC or an SSA; or
(d) an officer, employee, or member of the staff of, a State or Territory, or an authority of a State or Territory, whose duties consist of or include assisting AFIC or an SSA in the performance of its functions or the exercise of its powers.
Territory means the Australian Capital Territory or the Northern Territory.
transfer agreement means an agreement entered into:
(a) by or on behalf of the Treasurer; and
(b) by or on behalf of a Minister of a State or Territory, or 2 or more such Ministers;
that provides for matters connected with the transfer of staff, assets or liabilities from AFIC or an SSA to APRA or ASIC.
transfer date has the meaning given by section 2 (which is at the front of this Act).
transferring body means a body that, immediately before the transfer date, was:
(a) an FIC body; or
(b) a friendly society.
(2) In this Part, a reference to a transfer agreement determining or specifying a person, thing or other matter includes a reference to a person or persons determining or specifying that person, thing or matter, as permitted by that transfer agreement.
2 Transfer of State or Territory employees to APRA
(1) A transfer agreement may determine that specified State or Territory employees become APRA employees on a specified date, not being a date before the transfer date. In this Division, the date so specified is the agreed date in relation to the employees concerned.
Note: Employees may be specified by name, by inclusion in a specified class, or in some other way.
(2) The agreement has effect accordingly, to the extent that it is within the Commonwealth's legislative power to give the agreement that effect.
3 Terms and conditions of transferred staff
(1) APRA is to determine the terms and conditions applying to a person who becomes an APRA employee as mentioned in item 2 as if the person had actually been appointed under section 45 of the APRA Act. The terms and conditions of employment must not be less favourable than those that applied to the person immediately before the agreed date.
(2) The person is entitled to retain, as an APRA employee, all the benefits that had accrued to the person in respect of his or her length of State or Territory service up to the agreed date, as if those benefits had accrued in respect of the person's position as an APRA employee. For this purpose, the person's State or Territory service is:
(a) the person's service as a State or Territory employee; and
(b) the person's other service (if any) that, immediately before the person becoming an APRA employee, counted as service under the terms of that person's employment as a State or Territory employee.
(3) The person's service as an APRA employee is taken, for all purposes, to have been continuous with the person's service, immediately before the agreed date, as a State or Territory employee.
4 Statement of accrued benefits
(1) A transfer agreement may determine that APRA is to be given a statement of the benefits to which a person who becomes an APRA employee as mentioned in item 2 has an accrued entitlement in respect of his or her position as a State or Territory employee.
(2) In any proceedings relating to subitem 3(2), the statement is prima facie evidence of the matters set out in the statement.
(3) Item 2 has effect in relation to the person even if the statement is not given as required.
5 Transfer of assets
(1) A transfer agreement may determine that all or any of the following things happen on a specified date, not being a date before the transfer date:
(a) specified assets vest in APRA, or in ASIC, without any conveyance, transfer or assignment;
(b) specified instruments in relation to specified assets continue to have effect after the assets vest in APRA, or in ASIC, as if specified references in the instruments were references to APRA, or to ASIC, as the case requires;
(c) APRA or ASIC becomes the previous owner's successor in law in relation to specified assets immediately after the assets vest in APRA, or in ASIC.
Note: Assets or instruments may be specified by description, by inclusion in a specified class or in some other way.
(2) The agreement has effect accordingly, to the extent that it is within the Commonwealth's legislative power to give the agreement that effect.
(3) This item does not prevent assets being transferred to APRA or ASIC otherwise than in accordance with a transfer agreement.
(4) In this item:
assets includes records.
6 Transfer of liabilities
(1) A transfer agreement may determine that all or any of the following things happen on a specified date, not being a date before the transfer date:
(a) specified liabilities vest in APRA, or in ASIC;
(b) specified instruments in relation to specified liabilities continue to have effect after the liabilities vest in APRA, or in ASIC, as if specified references in the instruments were references to APRA, or to ASIC, as the case requires;
(c) APRA or ASIC becomes the previously liable person's successor in law in relation to specified liabilities immediately after the liabilities vest in APRA, or in ASIC.
Note: Liabilities or instruments may be specified by description, by inclusion in a specified class or in some other way.
(2) The agreement has effect accordingly, to the extent that it is within the Commonwealth's legislative power to give the agreement that effect.
(3) This item does not prevent liabilities being transferred to APRA or ASIC otherwise than in accordance with a transfer agreement.
7 Certain bodies taken to have authorities to carry on banking business
(1) This item applies to the following bodies:
(a) all bodies that were FIC bodies immediately before the transfer date;
(b) The Cairns Cooperative Weekly Penny Savings Bank Limited (CCWPSBL), but only if a determination under subitem (2) is in force immediately before the transfer date.
Note: The Cairns Cooperative Weekly Penny Savings Bank Limited is a body incorporated under the Financial Intermediaries Act 1996 of Queensland.
(2) APRA may, in writing, determine that this item applies to CCWPSBL, but only if the Treasurer and the Queensland Minister responsible for the administration of the Financial Intermediaries Act 1996 of Queensland have agreed that CCWPSBL should be covered by the Banking Act 1959 from the transfer date.
(3) On the transfer date, a body to which this item applies is taken to have been granted an authority under subsection 9(3) of the Banking Act 1959.
(4) APRA may, in writing, determine conditions to which the authority is subject. The determination has effect accordingly.
(5) The authority may be dealt with under the Banking Act 1959 as if it had actually been granted under subsection 9(3) of that Act.
(6) Conditions determined under subitem (4) may be dealt with under the Banking Act 1959 as if they were imposed under subsection 9(4) of that Act.
(7) Subsection 9(7) of the Banking Act 1959 does not apply to:
(a) the grant of an authority that is taken to have occurred under subitem (3); or
(b) the imposition of conditions on that authority under subitem (4).
(8) APRA must give the body written notice of the following:
(a) the fact that the body is taken, by subitem (3), to have been granted an authority under subsection 9(3) of the Banking Act 1959; and
(b) the determination under subitem (4) of conditions to which the authority is subject.
(9) APRA may also give notice of a matter referred to in paragraph (8)(a) or (b) in such other way as APRA considers appropriate.
8 Bodies taken to have consent for use of certain expressions
(1) A body that, immediately before the transfer date:
(a) was a society, services corporation or association as defined in section 3 of a Financial Institutions Code; and
(b) was trading or carrying on business (within the meaning of section 144 of that Code) under a name or title of which words, abbreviations or symbols covered by paragraph 144(2)(a) of that Code formed part;
is taken, on the transfer date, to have been granted a consent under section 66 of the Banking Act 1959 covering the body trading or carrying on business under that name or title. The consent may be dealt with under that Act as if it had actually been granted under section 66 of that Act.
(2) An exemption in force under subsection 144(4) of a Financial Institutions Code immediately before the transfer date continues to have effect from that date, and may be dealt with, as if it were a consent under section 66 of the Banking Act 1959. Any conditions to which the exemption was subject immediately before the transfer date are to be taken, from that date, to be, and may be dealt with as if they were, conditions applying under section 66 of the Banking Act 1959.
9 Unclaimed money
(1) This item applies to each body that is taken by subitem 7(3) to have been granted an authority under subsection 9(3) of the Banking Act 1959.
(2) An amount of money in respect of which notification action has been taken before the transfer date by a body to which this item applies under an unclaimed money law is not unclaimed moneys for the purposes of section 69 of the Banking Act 1959.
(3) For the avoidance of doubt, it is declared that, subject to subitem (2), an amount of money that, on the transfer date, satisfies the description of unclaimed moneys in section 69 of the Banking Act 1959 is unclaimed moneys for the purposes of that section even though, for any reason, the amount was not, immediately before that date, unclaimed money, or unclaimed moneys, within the meaning of an unclaimed money law.
(4) If, but for this item, a body to which this item applies would be required to deliver a Commonwealth unclaimed money statement on or before the 31 March next following the transfer date, then:
(a) the body may, but is taken not to be required to, deliver a Commonwealth unclaimed money statement on or before that 31 March; and
(b) if the body does not deliver a Commonwealth unclaimed money statement on or before that 31 March--the amounts that would have been included in that statement must (if they are still unclaimed money) be inc