Victorian Current Acts

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FINANCIAL SECTOR REFORM (VICTORIA) ACT 1999 - SECT 6

Conferral of functions and powers on APRA

    (1)     APRA has the functions and powers conferred or expressed to be conferred on it by or under this Act.

    (2)     APRA has power to do acts in Victoria in the performance or exercise of any function or power conferred or expressed to be conferred on APRA by or under a law of another jurisdiction corresponding to this Act.

S. 6(3) inserted by No. 44/2001 s. 3(Sch. item 44.1).

    (3)     Without limiting the operation of section 6 of the Interpretation of Legislation Act 1984 , this section does not purport to impose a duty on APRA to perform any functions or exercise any powers conferred or expressed to be conferred on it by or under this Act if the imposition of the duty would be beyond the legislative power of the Parliament of the State.



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