Victorian Consolidated Legislation

Financial Sector Reform (Victoria) Act 1999 - SECT 1

PART 1 PRELIMINARY

Purpose

1. Purpose

The main purposes of this Act are-

   (a)  to facilitate the registration of building societies, credit unions
        and friendly societies and related bodies as companies under the
        Corporations Law in accordance with amendments made by the Financial
        Sector Reform (Amendments and Transitional Provisions) Act (No. 1)
        1999 of the Commonwealth; and

   (b)  to enact transitional and ancillary provisions; and

   (c)  to amend the Co-operative Housing Societies Act 1958.