Australian Capital Territory Repealed Acts

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This legislation has been repealed.

FINANCIAL INSTITUTIONS (APPLICATION OF LAWS) ACT 1992 (REPEALED) - SECT 18

18. (1) If the Chief Minister is provided with a report under subsection 49 (6) of the AFIC (ACT) Code, the Chief Minister shall provide AFIC with a response to the report within 14 days of its receipt by the Chief Minister.

(2) If—

        (a)     the Chief Minister does not provide AFIC with a response to the report within 14 days of receipt of the report; or

        (b)     AFIC is of the opinion that it is necessary to do so;

AFIC may, by written notice to the Chief Minister, request the Chief Minister to cause a copy of the report provided with the request to be laid before the Legislative Assembly.

(3) The Chief Minister shall comply with a request under subsection (2) within 14 days of receipt of the request, subject to subsection (4).

(4) If, because the Legislative Assembly is not sitting, a report cannot be laid before the Assembly within the time prescribed by subsection (3), the Chief Minister shall comply with a request under subsection (2) by—

        (a)     giving a copy of the report to the Clerk to the Legislative Assembly within that time; and

        (b)     immediately causing the report to be printed and made available to the public.

(5) A copy of a report given to the Clerk to the Legislative Assembly under subsection (4) is to be laid before the Legislative Assembly on its next sitting day.

Amendment of Codes etc. by regulation



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