Queensland Legislation
Queensland
FINANCIAL INSTITUTIONS LEGISLATION AMENDMENT BILL 1997
FINANCIAL INSTITUTIONS
LEGISLATION AMENDMENT BILL 1997
TABLE OF PROVISIONS
Section Page ist1315 PART 1—PRELIMINARY
Short title 0.0... eee eee 10 Commencement .... 0... 6... eee eens 10 PART 2—AMENDMENT OF AFIC CODE
Code amended in pt 2... 6.0... cc cee cette 10 Amendment of s 3 (Definitions) ...............00.. 0.00002 c eee eee 10 Amendment of s 4 (Interpretation—words etc. used in Financial
Institutions Code). 0... 6... eect e eens 12 Insertion of news 8A... 2... eee eee 12 8A Friendly societies legislation ............ 0... c cece eee eee 12 Amendment of s 9 (Principal object of financial institutions
scheme and its achievement) .............. 000.000... eee eee eee 13 Amendment of s 10 (Principles of supervision) ...................0. 14 Amendment of s 11 (Role of State supervisory authorities) ............ 14 Amendment of s 13 (Financial institutions legislation binds the Crown).. 14 Amendment of s 15 (Functions) ............0.. 00000000 e cee eee ee 15 Amendment of s 23 (Consultation) ....................0 0002s 15 Amendment of s 25 (Composition of the Board) .................0.2. 15 Amendment of s 36 (Registration of special service providers) ......... 15 Amendment of s 45 (Restrictions on making determination) ........... 16 Insertion of new ss 46A and 46B ..... 0... eee ee 16 46A Certain applied provisions not effective .................2205. 16 46B Limitation on court's power to make order .................... 17
Replacement of ss 47A and 47B ... 1... eee eee 18 Financial Institutions Legislation Amendment 19 222527 31 3336
47A Reference to registration of fiscal body's name ................ 18 47B Fiscal body must have certain words as part ofname ........... 18 47BA Approval of name for use ......... 0.0. e eee 19 Amendment of s 47C (Reservation of names) .................00000. 19 Replacement of ss 47E and 47F ... 1... 0... cece eee 20 47E End ofreservation ......... 66... 20 47F AFIC may direct change of name or revoke approval ofname.... 21 Amendment of s 48 (Obtaining information from State
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