Explanatory Memorandum
(Circulated by authority of the Minister for Financial Services and Regulation, the Honourable J.B. Hockey, MP)3 - Formal Clauses
3.1 The Short Title of the Bill is defined here.
3.2 This clause provides for commencement of the various proposed amendments. More details are provided in the notes on items relating to respective Schedules.
Schedule 1 - Amendment of the Australian Prudential Regulation Authority Act 1998
Schedule 2 - Amendment of the Banking Act 1959
Schedule 3 - Amendment of the Financial Corporations Act 1974
Schedule 4 - Amendment of the Financial Corporations (Transfer of Assets and Liabilities) Act 1993
Schedule 5 - Amendment of the Financial Laws Amendment Act 1997
Schedule 6 - Amendment of the Life Insurance Act 1995
Schedule 7 - Amendment of the Reserve Bank Act 1959
Schedule 8 - Amendment of the Retirement Savings Accounts Act 1997
Schedule 9 - Amendment of superannuation legislation relating to financial assistance of funds
Schedule 10 - Other amendments of the Superannuation Industry (Supervision) Act 1993
Schedule 11 - Miscellaneous minor and technical amendments
Schedule 12 - Transitional, saving and application provisions