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FINANCIAL CORPORATIONS ACT 1974 No. 36 of 1974 - SECT 3
Object of Act.
3. The object of this Act is to assist the Australian Government to achieve
effective management of the Australian economy by providing a means for-
(a) the examination of the business activities of certain financial and
trading corporations; and
(b) the regulation of those activities for the purpose of contributing to
economic stability, the maintenance of full employment, the efficient
allocation of productive resources, the ensuring of an adequate level
of finance for housing and the economic prosperity and welfare of the
people of Australia.
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