Victorian Consolidated Legislation

Financial Sector Reform (Victoria) Act 1999 - SECT 3

Definitions

3. Definitions

In this Act-

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 (Victoria) Code;

AFIC (Victoria) Code means the provisions applying before the transfer date
because of section 5 of the Financial Institutions (Victoria) Act 1992 and
includes the AFIC (Victoria) Regulations;

AFIC (Victoria) Regulations means the provisions applying before the transfer
date because of section 6 of the Financial Institutions (Victoria) Act 1992;

AFIC Regulations means the AFIC (Victoria) 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 4, 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; or

   (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 (Victoria) Code;

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

Financial Institutions (Victoria) Code means the provisions applying before
the transfer date because of section 8 of the Financial Institutions
(Victoria) Act 1992 and includes the Financial Institutions (Victoria)
Regulations;

Financial Institutions (Victoria) Regulations means the provisions applying
before the transfer date because of section 9 of the Financial Institutions
(Victoria) Act 1992;

Financial Institutions Regulations means the Financial Institutions (Victoria)
Regulations;



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

Friendly Societies Code means the Friendly Societies (Victoria) Code;

Friendly Societies (Victoria) Code means the provisions applying before the
transfer date because of section 5 of the Friendly Societies (Victoria) Act
1996 and includes the Friendly Societies (Victoria) Regulations;

Friendly Societies (Victoria) Regulations means the provisions applying before
the transfer date because of section 6 of the Friendly Societies (Victoria)
Act 1996;

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;

SSA means State Supervisory Authority;

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;

VicFIC means the Victorian Financial Institutions Commission.