Queensland Consolidated Acts

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FINANCIAL INTERMEDIARIES ACT 1996 - SECT 15

15 Matters for which standards may make provision

(1) A standard may make provision about a matter by applying, adopting or incorporating (with or without changes) provisions of—

(a) a law of the Commonwealth, a State or a foreign country; or
(b) a document.

(2) If a standard makes provision about a matter by applying, adopting or incorporating provisions of a law or document, the provisions as in force at the time are to be attached to the standard, and are taken to be incorporated in the standard.

(3) A standard may—

(a) apply generally to all persons and matters or be limited in its application to—
(i) particular persons or matters; or
(ii) particular classes of persons or matters; and
(b) otherwise apply generally or be limited in its application by reference to stated exceptions or factors.

(4) A standard may—

(a) make different provision for—
(i) different persons or matters; or
(ii) different classes of persons or matters; or
(b) apply differently by reference to specified exceptions or factors.

(5) A standard may authorise a matter to be decided, applied or regulated from time to time by a stated person or body.

(6) A standard may make provision about a particular aspect of a matter even though provision is made by this Act about another aspect of the matter or about another matter.



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