Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedules............................................................................................ 2

Schedule 1--Amendment of the Banking Act 1959                                          3

Part 1--Main amendments                                                                                         3

Banking Act 1959                                                                                                        3

Part 2--Application provisions                                                                              78

Schedule 2--Amendment of the Insurance Act 1973                                    82

Part 1--Main amendments                                                                                       82

Insurance Act 1973                                                                                                   82

Part 2--Application provisions                                                                            169

Schedule 3--Amendment of the Life Insurance Act 1995                        171

Part 1--Main amendments                                                                                     171

Life Insurance Act 1995                                                                                         171

Part 2--Application provisions                                                                            256

Schedule 4--Amendment of the Financial Sector (Business Transfer and Group Restructure) Act 1999                                                                                                                          259

Financial Sector (Business Transfer and Group Restructure) Act 1999      259

Schedule 5--Amendment of the Payment Systems and Netting Act 1998              285

Part 1--Main amendments                                                                                     285

Payment Systems and Netting Act 1998                                                              285

Part 2--Application provisions                                                                            298

Schedule 6--Amendment of the Australian Prudential Regulation Authority Act 1998              299

Australian Prudential Regulation Authority Act 1998                                    299

Schedule 7--Amendments of other Acts                                                             301

Corporations Act 2001                                                                                           301

Income Tax Assessment Act 1997                                                                          301

 

 

 

Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Act 2018

No. 10, 2018

 

An Act to amend the law in relation to the financial sector, and for related purposes

[Assented to 5 March 2018]

The Parliament of Australia enacts:

[Minister's second reading speech made in--

House of Representatives on 19 October 2017

Senate on 13 February 2018]