NSWIn ForceAct
Financial Sector Reform (New South Wales) Act 1999
25Transfer of assets and liabilities
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25 Transfer of assets and liabilities
25 Transfer of assets and liabilities
(1) The Queensland Minister administering the Financial Sector Reform (Queensland) Act 1999 of Queensland may enter into a transfer agreement under Division 3 of Part 1 of Schedule 8 to the FSR Act connected with the transfer of AFIC’s assets or liabilities to APRA or ASIC.
(2) The transfer agreement has effect according to its terms.