Victorian Current Acts

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FINANCIAL SECTOR REFORM (VICTORIA) ACT 1999 - SECT 38

Transfer of assets and liabilities

    (1)     The Minister may enter into a transfer agreement under Division 3 of Part 1 of Schedule 8 of the FSR Act connected with the transfer of VicFIC's assets or liabilities to APRA or ASIC, other than assets or liabilities relating to co-operative housing societies.

    (2)     The transfer agreement has effect according to its terms.



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