House of Representatives

Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Bill 2010

Explanatory Memorandum

Circulated By the Authority of the Minister for Financial Services, Superannuation and Corporate Law, the Hon Chris Bowen MP

[1]

This authorisation is described by the term 'authority' under the Banking Act, the term 'authorisation' under the Insurance Act and the term 'registration' under the Life Insurance Act, respectively.

[2]

[2004] HCA 42 (9 September 2004)

[3]

It is this auditor that is defined by the Bill to be the principal auditor.

[4]

See item 105 of schedule 3 (Penalties) of the Corporations Act.

[5]

See item 336 of schedule 3 (Penalties) of the Corporations Act.

[6]

See item 337 of schedule 3 (Penalties) of the Corporations Act.

[7]

[2004] HCA 42 (9 September 2004).


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