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Financial Sector (Transfer and Restructure) Act 1999
19Partial transfer—statement of detail to be provided
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#### 19 Partial transfer—statement of detail to be provided
If the transfer is a partial transfer, before APRA issues a certificate of transfer in relation to the transfer, APRA must be provided with a written statement:
(a) that lists, in detail, the assets and liabilities of the transferring body that are to be transferred to the receiving body; and
(b) that APRA is satisfied has been agreed to by the transferring body and the receiving body.