South Australian Current Acts

FINANCIAL SECTOR REFORM (SOUTH AUSTRALIA) ACT 1999

TABLE OF PROVISIONS

           Long Title

   PART 1--Preliminary

   1.      Short title
   4.      Interpretation

   PART 2--Conferral of functions and powers on APRA and ASIC

   5.      Conferral of functions and powers on APRA
   6.      Conferral of functions and powers on ASIC
   6A.     Administrative functions and powers conferred on relevant Commonwealth bodies

   PART 3--Provisions relating to AFIC

           Division 1--AFIC to continue

   7.      Continuation of AFIC for certain purposes
   8.      Delegation of AFIC's powers

           Division 2--Provisions about AFIC's staff

   9.      Interpretation
   10.     Transfer of staff to APRA under transfer agreement
   11.     Effect of transfer under section 10 or of employees of AFIC becoming appointed to the Australian Public Service
   12.     Statement of accrued benefits etc

           Division 3--Information may be given to APRA or ASIC

   13.     Giving of information

           Division 4--Transfer of AFIC's assets and liabilities

   14.     Transfer of assets and liabilities

           Division 5--Proceedings involving AFIC

   15.     Continuation and preservation of certain civil proceedings involving AFIC
   16.     Continuation of certain offence proceedings

   PART 4--Provisions relating to SAOFS

           Division 1--Transfer of SAOFS' assets and liabilities

   17.     Transfer of assets and liabilities

           Division 2--Provisions about SAOFS' staff

   18.     Transfer of staff to APRA under transfer agreement
   19.     Effect of transfer to APRA or APS
   20.     Statement of accrued benefits etc

           Division 3--Winding up of Funds

   21.     Supervision Fund
   22.     Credit Unions Contingency Fund

           Division 4--Proceedings involving SAOFS

   23.     Continuation and preservation of civil proceedings involving SAOFS
   24.     Continuation of certain offence proceedings

           Division 5--Information may be given by SAOFS

   25.     Giving of information

   PART 5--Enforcement by APRA and ASIC of repealed Codes

   26.     Conferral of enforcement powers on APRA and ASIC
   27.     AFIC Code provisions
   28.     Financial Institutions Code provisions
   29.     Friendly Societies Code provisions
   30.     Conferral of functions and powers

   PART 6--Other transitional provisions

   31.     Dormant accounts
   32.     Withdrawable shares in building societies
   33.     Matters in relation to deregistered financial bodies and societies
   34.     Mergers and transfers of engagements commenced under Financial Institutions (South Australia) Code
   35.     Mergers and transfers of engagements commenced under Friendly Societies (South Australia) Code
   36.     Australian Financial Institutions Appeals Tribunal

   PART 7--Miscellaneous

   37.     Registration or record of transfer
   38.     Exemption from State taxes
   39.     Relationship of Act with other laws
   40.     Regulations
           Legislative history
           The Parliament of South Australia enacts as
           follows: