This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.

Financial Sector (Transfer and Restructure) Act 1999

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
ADI

is short for authorised deposittaking institution.

Banking Act 1959 Banking Act 1959 - 5 Interpretation
approved netting arrangement

means a netting arrangement approved under section 12.

Payment Systems and Netting Act 1998 Payment Systems and Netting Act 1998 - 5 Definitions
Payment Systems and Netting Act 1998 - 12 Reserve Bank may approve netting arrangement
approved section 20 statement

means a statement given to APRA under subsection 20(1) in relation to which an approval under subsection 20(2) is in force.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Financial Sector (Transfer and Restructure) Act 1999 - 20 Agreements about matters connected with the transfer
approved section 30 statement

means a statement given to APRA under subsection 30(1) in relation to which an approval under subsection 30(2) is in force.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Financial Sector (Transfer and Restructure) Act 1999 - 30 Agreements about matters connected with the transfer
APRA

means the Australian Prudential Regulation Authority.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
APRA member

means a member of APRA, including the Chair and Deputy Chair.

Australian Prudential Regulation Authority Act 1998 Australian Prudential Regulation Authority Act 1998 - 3 Definitions
APRA staff member

means any of the following:

(a) a person appointed by APRA under section 45; or

(b) a person assisting APRA under section 46; or

(c) a person engaged by APRA under section 47.

Australian Prudential Regulation Authority Act 1998 Australian Prudential Regulation Authority Act 1998 - 3 Definitions
Australian Prudential Regulation Authority Act 1998 - 45 Appointment of permanent, temporary and casual staff
Australian Prudential Regulation Authority Act 1998 - 47 Consultants and other people engaged to perform services
asset

means property, or a right, of any kind, and includes:

(a) any legal or equitable estate or interest (whether present or future, vested or contingent, tangible or intangible, in real or personal property) of any kind; and

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Australian business assets and liabilities

, of a body corporate that is a foreign ADI, a foreign general insurer or an eligible foreign life insurance company, means the following:

(a) the assets and liabilities of the body corporate in Australia;

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
authorised APRA officer

, when used in a particular provision of this Act, means a person authorised under subsection (2) to perform or exercise the functions or powers of an under that provision.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 2 Commencement
Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
business

in relation to a body, includes the assets and liabilities of the body.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
certificate of transfer

:

(a) in relation to a voluntary transfer—means a certificate issued under section 18; and

(b) in relation to a compulsory transfer—means a certificate issued under section 33.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Financial Sector (Transfer and Restructure) Act 1999 - 18 Certificate of transfer
closeout netting contract

means:

(a) a contract under which, if a particular event happens:

(i) particular obligations of the parties terminate or may be terminated; and

Payment Systems and Netting Act 1998 Payment Systems and Netting Act 1998 - 5 Definitions
Payment Systems and Netting Act 1998 - 15 Declaration that section 14 does not apply
compulsory transfer determination

means a determination made under section 25.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Financial Sector (Transfer and Restructure) Act 1999 - 25 Compulsory transfer of business determinations
compulsory transfer of business determination

means a determination under section 25.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Financial Sector (Transfer and Restructure) Act 1999 - 25 Compulsory transfer of business determinations
compulsory transfer of shares determination

means a determination under section 25AA.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions
Financial Sector (Transfer and Restructure) Act 1999 - 25AA Compulsory transfer of shares determinations
foreign ADI

means a body corporate that:

(a) is a foreign corporation within the meaning of paragraph 51(xx) of the Constitution; and

(b) is authorised to carry on banking business in a foreign country; and

Banking Act 1959 Banking Act 1959 - 5 Interpretation
foreign general insurer

means a body corporate that:

(a) is a foreign corporation within the meaning of paragraph 51(xx) of the Constitution; and

(b) is authorised to carry on insurance business in a foreign country; and

Insurance Act 1973 Insurance Act 1973 - 3 Interpretation
general insurer

has the meaning given by section 11.

Insurance Act 1973 Insurance Act 1973 - 11 Meaning of general insurer
Insurance Act 1973 - 3 Interpretation
holding company

, of a body corporate, means another body corporate of which the first body corporate is a subsidiary.

Financial Sector (Transfer and Restructure) Act 1999 Financial Sector (Transfer and Restructure) Act 1999 - 4 Definitions

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.