FINANCIAL SECTOR REFORM (SOUTH AUSTRALIA) ACT 1999
Table of Provisions
PART 1--Preliminary
- 1 Short title
- 4 Interpretation
PART 2--Conferral of functions and powers on APRA and ASIC
- 5 Conferral of functions and powers on APRA
- 6 Conferral of functions and powers on ASIC
- 6A Administrative functions and powers conferred on relevant Commonwealth bodies
PART 3--Provisions relating to AFIC
Division 1--AFIC to continue
- 7 Continuation of AFIC for certain purposes
- 8 Delegation of AFIC's powers
Division 2--Provisions about AFIC's staff
- 9 Interpretation
- 10 Transfer of staff to APRA under transfer agreement
- 11 Effect of transfer under section 10 or of employees of AFIC becoming appointed to the Australian Public Service
- 12 Statement of accrued benefits etc
Division 3--Information may be given to APRA or ASIC
Division 4--Transfer of AFIC's assets and liabilities
- 14 Transfer of assets and liabilities
Division 5--Proceedings involving AFIC
- 15 Continuation and preservation of certain civil proceedings involving AFIC
- 16 Continuation of certain offence proceedings
PART 4--Provisions relating to SAOFS
Division 1--Transfer of SAOFS' assets and liabilities
- 17 Transfer of assets and liabilities
Division 2--Provisions about SAOFS' staff
- 18 Transfer of staff to APRA under transfer agreement
- 19 Effect of transfer to APRA or APS
- 20 Statement of accrued benefits etc
Division 3--Winding up of Funds
Division 4--Proceedings involving SAOFS
- 23 Continuation and preservation of civil proceedings involving SAOFS
- 24 Continuation of certain offence proceedings
Division 5--Information may be given by SAOFS
PART 5--Enforcement by APRA and ASIC of repealed Codes
PART 6--Other transitional provisions
- 31 Dormant accounts
- 32 Withdrawable shares in building societies
- 33 Matters in relation to deregistered financial bodies and societies
- 34 Mergers and transfers of engagements commenced under Financial Institutions (South Australia) Code
- 35 Mergers and transfers of engagements commenced under Friendly Societies (South Australia) Code
- 36 Australian Financial Institutions Appeals Tribunal
PART 7--Miscellaneous
- 37 Registration or record of transfer
- 38 Exemption from State taxes
- 39 Relationship of Act with other laws
- 40 Regulations
Legislative history
The Parliament of South Australia enacts as
follows: