Victorian Consolidated Legislation

Financial Sector Reform (Victoria) Act 1999 - SECT 28

Transfer of assets and liabilities

28. Transfer of assets and liabilities



(1) The Queensland Minister administering the Financial Sector Reform
(Queensland) Act 1999 of Queensland may enter into a transfer agreement under
Division 3 of Part 1 of Schedule 8 of the FSR Act connected with the transfer
of AFIC's assets or liabilities to APRA or ASIC.

(2) The transfer agreement has effect according to its terms.

Subdivision 5-Proceedings involving AFIC