Financial Sector (Transfer and Restructure) Act 1999
View history note
Hide history noteThis section applies if a restructure instrument in relation to an operating body has come into force.
36K(2)
The Minister may, by notice in writing to the operating body, amend the restructure instrument, if the Minister is satisfied that the amendment is necessary or desirable to take into account changes in the requirements of the Corporations Act 2001 mentioned in the instrument.
36K(3)
The notice must include:
(a) a copy of the amended instrument; and
(b) a statement of the reasons why it is made; and
(c) a statement of when the amendment is to come into force.
36K(4)
The Minister must give a copy of the notice to APRA.
36K(5)
The amendment comes into force at the time stated in the notice.
36K(6)
Subsection 33(3) of the Acts Interpretation Act 1901 does not apply in relation to any amendment or variation of the restructure instrument.
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