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Financial and Performance Management Standard 2019
sec.74Existing approvals for entering contracts of insurance
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sec.74 Existing approvals for entering contracts of insurance
This section applies to an approval given by the under-Treasurer under repealed section 58(1) and in effect immediately before the commencement. On the commencement, the approval— continues in effect; and is taken to have been given under section 55(1). (sec.74-ssec.1) This section applies to an approval given by the under-Treasurer under repealed section 58(1) and in effect immediately before the commencement. (sec.74-ssec.2) On the commencement, the approval— continues in effect; and is taken to have been given under section 55(1).
- (a) continues in effect; and
- (b) is taken to have been given under section 55(1).