New South Wales Consolidated Acts

FUNERAL FUNDS ACT 1979 - SECT 31

31 Transfer or amalgamation to be confirmed by Director-General

(1) The contributory funeral benefit business of any funeral contribution fund shall not, either in whole or in part, be transferred to, or be amalgamated with the contributory funeral benefit business of, any other funeral contribution fund except in pursuance of:

(a) a scheme confirmed by the Director-General in accordance with section 32, or

(b) a direction of the Director-General in accordance with section 33.

(2) The regulations may make provision for or with respect to guidelines to be used by the Director-General in deciding whether to confirm or refuse to confirm a scheme in accordance with section 32.