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Financial Sector Reform (Tasmania) Act 1999
37Conferral of functions and powers relating to financial institutions and friendly societies
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37 Conferral of functions and powers relating to financial institutions and friendly societies
(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 TOFS had immediately before that date.
(2) For the purposes of subsection (1) , a Code applies with all necessary changes.
(3) In this section,
Code means the AFIC (Tasmania) Code, Financial Institutions (Tasmania) Code or Friendly Societies (Tasmania) Code.