Victorian Current Acts

FINANCIAL SECTOR REFORM (VICTORIA) ACT 1999 - SECT 3

In this Act—

"AFIC" means the Australian Financial Institutions Commission established by the AFIC Act;

"AFIC Act" means the Australian Financial Institutions Commission Act 1992 of Queensland;

"AFIC Code" means the AFIC (Victoria) Code;

"AFIC (Victoria) Code" means the provisions applying before the transfer date because of section 5 of the Financial Institutions (Victoria) Act 1992 and includes the AFIC (Victoria) Regulations;

"AFIC (Victoria) Regulations" means the provisions applying before the transfer date because of section 6 of the Financial Institutions (Victoria) Act 1992 ;

"AFIC Regulations" means the AFIC (Victoria) Regulations;

"APRA" means the Australian Prudential Regulation Authority;

"APRA Act" means the Australian Prudential Regulation Authority Act 1998 of the Commonwealth;

"APRA employee" means a person appointed under section 45 of the APRA Act;

"ASIC" means the Australian Securities and Investments Commission;

"authorised APRA officer", in a provision of Part 4, means a person authorised under section 9 to perform or exercise the functions or powers of an authorised APRA officer under that provision;

"employee", in relation to AFIC, includes a person engaged by AFIC on a contract for services;

"enforcement power" means a function or power relating to—

        (a)     the investigation of an offence; or

        (b)     the institution and carrying on of a prosecution of an offence; or

        (c)     matters relating to an investigation or prosecution of an offence;

"Financial Institutions Code" means the Financial Institutions (Victoria) Code;

"financial institutions legislation" has the same meaning as in section 8 of the AFIC Code;

"Financial Institutions (Victoria) Code" means the provisions applying before the transfer date because of section 8 of the Financial Institutions (Victoria) Act 1992 and includes the Financial Institutions (Victoria) Regulations;

"Financial Institutions (Victoria) Regulations" means the provisions applying before the transfer date because of section 9 of the Financial Institutions (Victoria) Act 1992 ;

"Financial Institutions Regulations" means the Financial Institutions (Victoria) Regulations;

"fiscal bodies legislation" has the same meaning as in section 3 of the AFIC Code;

"Friendly Societies Code" means the Friendly Societies (Victoria) Code;

"Friendly Societies (Victoria) Code" means the provisions applying before the transfer date because of section 5 of the Friendly Societies (Victoria) Act 1996 and includes the Friendly Societies (Victoria) Regulations;

"Friendly Societies (Victoria) Regulations" means the provisions applying before the transfer date because of section 6 of the Friendly Societies (Victoria) Act 1996 ;

"FSR Act" means the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 of the Commonwealth;

S. 3 def. of FS(TB) Act substituted as FS(BTGR) Act by No. 38/2012 s. 26.

"FS(BTGR) Act" means the Financial Sector (Business Transfer and Group Restructure) Act 1999 of the Commonwealth;

"relevant Commonwealth body" means APRA or ASIC;

"society" means an entity that, before the transfer date, was a society under the Financial Institutions Code;

"SSA" means State Supervisory Authority;

"transfer date" means the date that, under section 3(16) of the FSR Act, is specified as the transfer date for the purposes of that Act;

"VicFIC" means the Victorian Financial Institutions Commission.