Financial Sector Legislation Amendment (Enhancing Supervision and Enforcement) Act 2009 (75 of 2009)

Schedule 1   Non-operating holding companies of life insurers

Part 2   Consequential amendments

Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998

190   Section 5 (definition of authorised NOHC )

Repeal the definition, substitute:

authorised NOHC means:

(a) an authorised NOHC within the meaning of the Banking Act 1959 or the Insurance Act 1973; or

(b) a registered NOHC within the meaning of the Life Insurance Act 1995.

Note: NOHC is short for non-operating holding company.