Explanatory Memorandum
(Circulated by authority of the Treasurer, the Honourable Peter Costello MP)4 Explanation of Items
Formal Clauses
The Short Title of the Bill is defined here.
Commencement as provided for in individual Schedules.
Schedule 1 - Amendment of the Australian Securities Commission Act 1989
Schedule 2 - Amendment of the Banking Act 1959
Schedule 3 - Repeal of the Banks (Shareholdings) Act 1972
Schedule 4 - Amendment of the existing Corporations Law
Schedule 5 - Amendment of the Corporations Law as proposed to be amended by the Company Law Review Act 1998
Schedule 6 - Amendment of the Corporations Law as proposed to be amended by the Managed Investments Act 1998
Schedule 7 - Amendment of the Financial Corporations Act 1974
Schedule 8 - Amendment of the Insurance Acquisitions and Takeovers Act 1991
Schedule 9 - Amendment of the Insurance Act 1973
Schedule 10 - Amendment of the Insurance (Agents and Brokers) Act 1984
Schedule 11 - Repeal of the Insurance and Superannuation Commissioner Act 1987
Schedule 12 - Amendment of the Insurance Contracts Act 1984
Schedule 13 - Amendment of the Life Insurance Act 1995
Schedule 14 - Amendment of the Reserve Bank Act 1959
Schedule 15 - Amendment of the Retirement Savings Accounts Act 1997
Schedule 16 - Amendment of the Superannuation Industry (Supervision) Act 1993
Schedule 17 - Amendment of the Superannuation (Resolution of Complaints) Act 1993
Schedule 18 - Amendment and repeal of other Acts
Schedule 19 - Transitional Provisions
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