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FINANCIAL SECTOR LEGISLATION AMENDMENT ACT (NO. 1) 2002 NO. 37, 2002 - SCHEDULE 3
- Amendment of the Financial Sector (Transfers of Business) Act 1999
1 At the end of subsection 12(2)
Add:
; and (c) the Commissioner of Taxation.
2 At the end of section 12
Add:
(5) APRA does not have to consult with
the Commissioner of Taxation in relation to the transfer of business if the
Commissioner has notified APRA, in writing, that he or she does not wish to be
consulted about:
- (a)
- the transfer; or
- (b)
- a class of transfers that includes the transfer.
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