New South Wales Consolidated Acts

FINANCIAL SECTOR REFORM (NEW SOUTH WALES) ACT 1999 - SECT 50

50 Australian Financial Institutions Appeals Tribunal

(1) This section applies on the transfer date.

(2) The Australian Financial Institutions Appeals Tribunal established under section 8 of the AFIC Act ceases to exist by reason of the Financial Sector Reform (Queensland) Act 1999 of Queensland.

(3) All applications made to the Australian Financial Institutions Appeals Tribunal under a Code for review of a decision that have not been decided are taken to have been withdrawn.

(4) In this section:
"Code" means the AFIC Code, Financial Institutions Code or Friendly Societies Code.