Northern Territory Consolidated Acts

FINANCIAL SECTOR REFORM (NORTHERN TERRITORY) ACT - SECT 4

In this Act, unless the contrary intention appears:

"AFIC" means the Australian Financial Institutions Commission established by the AFIC Act.

"AFIC Act" means the Australian Financial Institutions Commission Act 1992 of Queensland.

"AFIC Code" means the AFIC (NT) Code.

"AFIC (NT) Code" means the provisions applying before the transfer date because of section 5 of the Financial Institutions (NT) Act and includes the AFIC (NT) Regulations.

"AFIC (NT) Regulations" means the provisions applying before the transfer date because of section 6 of the Financial Institutions (NT) Act .

"AFIC Regulations" means the AFIC (NT) Regulations.

"APRA" means the Australian Prudential Regulation Authority.

"APRA Act" means the Australian Prudential Regulation Authority Act 1998 of the Commonwealth.

"APRA employee" means a person appointed under section 45 of the APRA Act.

"ASIC" means the Australian Securities and Investments Commission.

"authorised APRA officer", in a provision of Part 3, means a person authorised under section 9 to perform or exercise the functions or powers of an authorised APRA officer under that provision.

"employee", in relation to AFIC, includes a person engaged by AFIC on a contract for services.

"enforcement power" means a function or power relating to:

        (a)     the investigation of an offence;

        (b)     the institution and carrying on of a prosecution of an offence; or

        (c)     matters relating to an investigation or prosecution of an offence.

"Financial Institutions Code" means the Financial Institutions (NT) Code.

financial institutions legislation has the same meaning as in section 8 of the AFIC Code.

"Financial Institutions (NT) Code" means the provisions applying before the transfer date because of section 8 of the Financial Institutions (NT) Act and includes the Financial Institutions (NT) Regulations .

Financial Institutions (NT) Regulations means the provisions applying before the transfer date because of section 9 of the Financial Institutions (NT) Act .

"Financial Institutions Regulations" means the Financial Institutions (NT) Regulations .

fiscal bodies legislation has the same meaning as in section 3 of the AFIC Code.

"Friendly Societies Code" means the Friendly Societies (NT) Code.

"Friendly Societies (NT) Code" means the provisions applying before the transfer date because of section 5 of the Friendly Societies (NT) Act and includes the Friendly Societies (NT) Regulations.

"Friendly Societies (NT) Regulations" means the provisions applying before the transfer date because of section 6 of the Friendly Societies (NT) Act .

"FSR Act" means the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 of the Commonwealth.

"FS(TB) Act" means the Financial Sector (Transfers of Business) Act 1999 of the Commonwealth.

"relevant Commonwealth body" means APRA or ASIC.

"society" means an entity that, before the transfer date, was a society under the Financial Institutions Code.

State Supervisory Authority has the same meaning as in the financial institutions legislation.

"SSA" means State Supervisory Authority.

"TSA" means the Territory Supervisory Authority established under the Financial Institutions (Territory Supervisory Authority) Act .

"transfer date" means the date that, under section 3(16) of the FSR Act, is specified as the transfer date for the purposes of that Act.