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

Financial Institutions Supervisory Levies Collection Act 1998

200   Section 7 (definition of authorised NOHC )

Repeal the definition, substitute:

authorised NOHC means:

(a) an authorised NOHC within the meaning of either:

(i) the Banking Act 1959; or

(ii) 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.