Australian Capital Territory Repealed Acts

This legislation has been repealed.

FINANCIAL INSTITUTIONS (SUPERVISORY AUTHORITY) ACT 1992 (REPEALED) - SECT 3

    In this Act, unless the contrary intention appears—

“AFIC” means the Australian Financial Institutions Commission established by the Australian Financial Institutions Commission Act 1992 of the State of Queensland;

“AFIC (ACT) Code” means the provisions applying because of section 5 of the Financial Institutions (Application of Laws) Act 1992 ;

“AFIC (ACT) Regulations” means the provisions applying because of section 6 of the Financial Institutions (Application of Laws) Act 1992 ;

“defined person” means—

        (a)     the Registrar;

        (b)     a person appointed to act in the office of Registrar; or

        (c)     a public servant employed to assist the Registrar in the performance of the functions of the office.

“financial institution” has the meaning given by section 3 of the AFIC (ACT) Code;

“financial institutions agreement” has the meaning given by section 3 of the AFIC (ACT) Code;

“Financial Institutions (ACT) Code” means the provisions applying because of section 8 of the Financial Institutions (Application of Laws) Act 1992 ;

“Financial Institutions (ACT) Regulations” means the provisions applying because of section 9 of the Financial Institutions (Application of Laws) Act 1992 ;

“financial institutions legislation” means—

        (a)     this Act and the regulations;

        (b)     the Financial Institutions (Application of Laws) Act 1992 and any regulations made under that Act;

        (c)     the AFIC (ACT) Code;

        (d)     the AFIC (ACT) Regulations;

        (e)     the Financial Institutions (ACT) Code; and

        (f)     the Financial Institutions (ACT) Regulations;

“financial institutions scheme” has the meaning given by section 6 of the AFIC (ACT) Code;

“financial interest”, in relation to a financial institution, means—

        (a)     a direct or indirect interest in the securities of a financial institution or a related body corporate;

        (b)     money deposited with a financial institution or a related body corporate;

        (c)     money borrowed from a financial institution or a related body corporate; or

        (d)     membership of a financial institution or a related body corporate;

“foreign State supervisory authority” means an authority performing the functions of a State supervisory authority for the purposes of the provisions applying in a State or another Territory which correspond to the financial institutions legislation;

“pecuniary interest” includes a financial interest;

“Registrar” means—

        (a)     the office of Registrar of Financial Institutions established under Part II; or

        (b)     the person holding that office for the time being;

“related body corporate” has the meaning given by section 11 of the Financial Institutions (ACT) Code;

“securities” has the meaning given by section 92 of the Corporations Law.