Financial Sector Reform (Queensland) Act 1999
sec.52Conferral of functions and powers relating to financial institutions and friendly societies
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sec.52 Conferral of functions and powers relating to financial institutions and friendly societies
Either relevant Commonwealth body has the same enforcement powers relating to anything done or omitted to be done under a code before the transfer date as AFIC or QOFS had immediately before that date. For subsection (1), a code applies with all necessary changes. In this section— code means the AFIC Code, Financial Institutions Code or Friendly Societies Code. (sec.52-ssec.1) Either relevant Commonwealth body has the same enforcement powers relating to anything done or omitted to be done under a code before the transfer date as AFIC or QOFS had immediately before that date. (sec.52-ssec.2) For subsection (1), a code applies with all necessary changes. (sec.52-ssec.3) In this section— code means the AFIC Code, Financial Institutions Code or Friendly Societies Code.