(1) On the transfer date, any money held by a former Committee forms part of the Industry Supervision Fund under Part 5.
(2) In this section—
former committee means—
(a) the Credit Unions Advisory Committee established by Part 7 of the Financial Institutions (Victoria) Act 1992 ;
(b) the Friendly Societies Advisory Committee under Part 6 of the Friendly Societies (Victoria) Act 1996 ;
(c) the Victorian Building Societies Advisory Committee under Part 2 of the Building Societies Act 1986 .
Division 6—State taxes