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FINANCIAL SECTOR REFORM (AMENDMENTS AND TRANSITIONAL PROVISIONS) ACT (NO. 1) 2000 NO. 24, 2000 - SCHEDULE 1
- Amendment of the Australian Prudential Regulation Authority Act 1998
1 After subsection 55(1)
Insert:
- (1A)
- Subject to subsection (2), sales tax
is not payable by APRA, or by any other person, on goods that are for use by
APRA.
2 Subsection 55(2)
After "subsection (1)", insert "or subsection (1A)".
3
Subsection 56(1)
Insert: body regulated by APRA includes a body that has at
any time been a body regulated by APRA.
4 Subsection 56(2)
Omit "(6) or (7)", substitute "(6), (7), (7A) or (7B)".
5
At the end of subsection 56(3)
Add:
- Note: A defendant bears an evidential
burden in relation to the matters in subsection (3) (see subsection 13.3(3) of
the Criminal Code ).
6 At the end of subsection 56(4)
Add:
- Note: A defendant bears an evidential
burden in relation to the matters in subsection (4) (see subsection 13.3(3) of
the Criminal Code ).
7 Subsection 56(5) (note)
Omit "Note:", substitute "Note 1:".
8 At the end
of subsection 56(5)
Add:
- Note 2: A defendant bears an evidential burden in
relation to the matters in subsection (5) (see subsection 13.3(3) of the
Criminal Code ).
9 At the end of subsection 56(6)
Add:
- Note: A defendant bears an evidential
burden in relation to the matters in subsection (6) (see subsection 13.3(3) of
the Criminal Code ).
10 At the end of subsection 56(7)
Add:
- Note: A defendant bears an
evidential burden in relation to the matters in subsection (7) (see subsection
13.3(3) of the Criminal Code ).
11 After subsection 56(7)
Insert:
- (7A)
- It is not an offence if the
information, or the information contained in the document, as the case may be,
is all or any of the following:
- (a)
- the names of bodies that are regulated by APRA;
- (b)
- the addresses at which bodies referred to in paragraph (a) conduct
business;
- (c)
- any other information that is reasonably necessary to enable members of
the public to contact persons who perform functions in relation to bodies
referred to in paragraph (a).
- Note: A defendant bears an evidential burden in relation to the matters in
subsection (7A) (see subsection 13.3(3) of the Criminal Code ).
- (7B)
- It is not an offence if the information, or the information contained in
the document, as the case may be, is:
- (a)
- a statement of APRA's opinion as to whether or not a body regulated by
APRA is complying, or was complying at a particular time, with a particular
provision of an Act covered by this section; or
- (b)
- a description of:
- (i)
- court proceedings in relation to a breach or suspected breach by a person
of a provision of an Act covered by this section; or
- (ii)
- activity engaged in, or proposed to be engaged in, by APRA in relation to
such a breach or suspected breach.
- Note: A defendant bears an evidential burden in relation to the matters in
subsection (7B) (see subsection 13.3(3) of the Criminal Code ).
12 At the end of subsection 56(11)
Add:
- Note: For additional rules about
personal information, see the Privacy Act 1988 .
13 Section 57
Repeal the section.
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