House of Representatives
Financial Sector Reform (Amendments and Transitional Provisions) Bill (No. 2) 1999
Explanatory Memorandum
(Circulated by authority of the Minister for Financial Services and Regulation, the Honourable J.B. Hockey, MP)11 - Schedule 8 - Amendment of the Retirement Savings Accounts Act 1997
| Schedule 8 deletes a redundant reference to a former subsection in the Act. |
11.1 Schedule 8 will commence on the day the Bill receives Royal Assent.
Amendment of subsection 68(1) of the RSA Act
11.2 This item amends subsection 68(1) of the RSA Act to delete a redundant reference to former subsection 191(12) of that Act, and to insert a note drawing attention to the secrecy requirements in section 56 of the APRA Act.