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Financial Sector Reform (Amendments and Transitional Provisions) Bill (No.1) 2000
Schedule 5 Amendment of the Financial Laws Amendment Act 1997

   

1  Subsection 2(2)

Repeal the subsection.

2  Before subsection 2(3)

Insert:

          (2A)  Items 1 and 1A of Schedule 4 are taken to have commenced on 22 December 1996.

3  Items 15, 16, 17, 18, 19 and 20 of Schedule 3

Repeal the items.

4  After item 1 of Schedule 4

Insert:

1A  Section 3 (paragraph (b) of the definition of newly established local bank )

Omit “3”, substitute “5”.