Commonwealth Numbered Acts

GOVERNANCE REVIEW IMPLEMENTATION (TREASURY PORTFOLIO AGENCIES) ACT 2007 (NO. 74, 2007) - SCHEDULE 3

Australian Prudential Regulation Authority Act 1998

1  Subsection 51(1)

Omit "written", substitute "legislative".

2  Subsection 51(3)

Repeal the subsection.

3  Subsection 57(1)

Omit "(1)".

4  Subsection 57(1)

After "APRA may", insert ", by legislative instrument,".

5  Subsection 57(2)

Repeal the subsection.

[ Minister's second reading speech made in--

House of Representatives on 1 March 2007

Senate on 29 March 2007 ]