Australian Capital Territory Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FINANCIAL INSTITUTIONS (APPLICATION OF (NO. 28 OF 1992) - SECT 10

Interpretation of some expressions in the Code and Regulations

10. In the Financial Institutions (ACT) Code and the Financial Institutions (ACT) Regulations—“AFIC Code” means the AFIC (ACT) Code; “continuing association” and “continuing association of credit unions” mean the A.C.T. Credit Union Association Co-operative Limited; “continuing building society” means a building society registered under the previous law immediately before the commencement day; “continuing credit union” means a credit society registered under the previous law immediately before the commencement day; “continuing foreign society” means a body which, immediately before the commencement day—

        (a)     had been formed or incorporated outside the Territory;

        (b)     operated as a building society or a credit society within the meaning of the previous law (although not registered as such); and

        (c)     had been granted a certificate of exemption under subsection 32 (1B) of that Act;

“continuing society” means a continuing building society or continuing credit union;
“Executive Council” means the Executive;
“Legislature of this State” means the Legislative Assembly;
“Magistrate” has the same meaning as in the Magistrates Court Act 1930 ;
“previous law” means the Co-operative Societies Act 1939 ;
“Registrar” means the Registrar of Co-operative Societies under the previous law;
“the Code” means the Financial Institutions (ACT) Code;
“this State” means the Territory.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback