Victorian Consolidated Legislation

Financial Sector Reform (Victoria) Act 1999 - SECT 38

Transfer of assets and liabilities

38. Transfer of assets and liabilities



(1) The Minister may enter into a transfer agreement under Division 3 of Part
1 of Schedule 8 of the FSR Act connected with the transfer of VicFIC's assets
or liabilities to APRA or ASIC, other than assets or liabilities relating to
co-operative housing societies.

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