Commonwealth Numbered Acts

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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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