13District Court Act 1973 No 9

13 District Court Act 1973 No 9

13 District Court Act 1973 No 9

(1) In section 103 (1) of the District Court Act 1973 before its amendment by Schedule 6.7 to the Co-operative Housing and Starr-Bowkett Societies Act 1998:

(a) the reference to a “society registered under the Permanent Building Societies Act 1967” in paragraph (a) of the definition of building society is to be construed as a reference to an ADI, and

(b) the reference to a “credit union registered under the Credit Union Act 1969” in paragraph (a) of the definition of credit union is to be construed as a reference to an ADI.

(2) In section 103 (1) of the District Court Act 1973 after its amendment by Schedule 6.7 to the Co-operative Housing and Starr-Bowkett Societies Act 1998:

(a) the reference to a “building society registered under the Financial Institutions (NSW) Code” in the definition of building society is to be construed as a reference to an ADI, and

(b) the reference to a “credit union registered under the Financial Institutions (NSW) Code” in the definition of credit union is to be construed as a reference to an ADI.

Note—

Subclause (1) will apply to section 103 of the District Court Act 1973 before the amendments to the definitions of building society and credit union in the District Court Act 1973 by the Co-operative Housing and Starr-Bowkett Societies Act 1998 commence, and will cease to apply when those amendments take effect. Subclause (2) will apply to section 103 once those amendments take effect.