Explanatory Memorandum
(Circulated by authority of the Treasurer,the Hon Peter Costello, MP)3 - Proposed Legislation
Clause 1 - Short Title
3.1 The short title of the Bill is defined here.
Clause 2 - Commencement
3.2 This clause provides for commencement of the various proposed amendments. More details are provided in the notes on items relating to the respective Schedules.
Clause 3 - Schedules
Schedule 1 - Amendment of the Australian Prudential Regulation Authority Act 1998
Schedule 2 - Amendment of the Financial Institutions Supervisory Levies Collection Act 1998
Schedule 3 - Amendment of the Financial Sector (Transfers of Business) Act 1999
Schedule 4 - Amendments relating to general insurance:
- Insurance Act 1973
- General Insurance Reform Act 2001
Schedule 5 - Amendment of the Insurance Acquisitions and Takeovers Act 1991
Schedule 6 - Amendment of the Life Insurance Act 1995
Schedule 7 - Amendment of the Reserve Bank Act 1959
Schedule 8 - Amendment of the Superannuation Industry (Supervision) Act 1993
Schedule 9 - Amendment of the Superannuation Supervisory Levy Imposition Act 1998
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