Australian Capital Territory Repealed Acts

This legislation has been repealed.

FINANCIAL INSTITUTIONS (APPLICATION OF LAWS) ACT 1992 (REPEALED) - SECT 24

        (a)     the Registrar of Co-operative Societies had given a direction in accordance with section 38AA of the previous law for the transfer of engagements from a continuing society to another continuing society (whether of the same or of a different type); and

        (b)     that transfer had not been effected;

Part 7 of the Code applies in relation to the proposed transfer as if it were a transfer directed in accordance with section 296 or 305 of the Code (as the case requires).

(2) Where, immediately before the commencement day—

        (a)     the Registrar of Co-operative Societies had given a direction in accordance with section 38AA of the previous law for the transfer of engagements from—

              (i)     a trading society registered under that law; or

              (ii)     a housing and services society registered under that law;

to a continuing society; and

        (b)     that transfer had not been effected;

section 38AA continues to apply in relation to the transfer as if the references in that section to the Registrar of Co-operative Societies were references to the SSA.

Suspension