Victorian Current Acts

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FINANCIAL SECTOR REFORM (VICTORIA) ACT 1999 - SECT 20

Repeal of remaining provisions

    (1)     The Financial Institutions (Victoria) Act 1992 is repealed .

    (2)     The Friendly Societies (Victoria) Act 1996 is repealed .

    (3)     VicFIC is dissolved and the members go out of office.

    (4)     The amount standing to the credit of the Supervision Fund under the Financial Institutions (Victoria) Act 1992 immediately before the commencement of this section forms part of the Consolidated Fund.

Division 2—Provisions relating to AFIC

Subdivision 1—AFIC to continue


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