Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010 (82 of 2010)

Schedule 4   Amendment of other Acts

Part 1   Amendments

Financial Sector (Business Transfer and Group Restructure) Act 1999

4   Subparagraph 25(1C)(a)(iii)

Repeal the subparagraph, substitute:

(iii) a judicial manager of the transferring body has recommended, under subsection 175(2) of theLife Insurance Act 1995, that the business or part of the business of the body be transferred to another company; and