House of Representatives

Financial Sector Reform (Amendments and Transitional Provisions) Bill (No. 1) 1999

Explanatory Memorandum

(Circulated by authority of the Minister for Financial Services and Regulation, the Honourable J.B. Hockey, MP)

2 Abbreviations

The following abbreviations are used in this explanatory memorandum.

ADI - Authorised Deposit-taking Institution
AFIC - Australian Financial Institutions Commission
APRA - Australian Prudential Regulation Authority
APRA Act - Australian Prudential Regulation Authority Act 1998
ASIC - Australian Securities and Investments Commission
ASIC Act - Australian Securities and Investments Commission Act 1989
Banking Act - Banking Act 1959
CCWPSBL - Cairns Cooperative Weekly Penny Savings Bank Limited
FI Code - Financial Institutions Code of a State or Territory
FS Code - Friendly Societies Code of a State or Territory
Life Insurance Act - Life Insurance Act 1995
LIASB - Life Insurance Actuarial Standards Board
National Health Act - National Health Act 1953
NOHC - Non-Operating Holding Company
RBA - Reserve Bank of Australia
Reserve Bank Act - Reserve Bank Act 1959
RSA - Retirement Savings Account
SSA - State Supervisory Authority
Tax Act - Income Tax Assessment Act 1936


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