Western Australia
Financial Institutions (Transitional) Regulations 1993
Western Australia
Financial Institutions (Transitional) Regulations 1993
CONTENTS
1.Citation1
2.Buy‑back of certain permanent shares in continuing credit unions1
NOTES
Western Australia
FINANCIAL INSTITUTIONS (WESTERN AUSTRALIA) ACT 1992
Financial Institutions (Transitional) Regulations 1993
Made under section 49 by His Excellency the Governor in Executive Council with the approval of the Ministerial Council.
These regulations may be cited as the Financial Institutions (Transitional) Regulations 1993.
2.Buy‑back of certain permanent shares in continuing credit unions
(1)A credit union that was registered under the Credit Unions Act 1979 immediately before the commencement of the Financial Institutions (Western Australia) Act 1992 may, under its rules and with the approval of the SSA, cancel any permanent shares issued by it before that commencement.
(2)Subregulation (1) has effect despite any provisions of the Financial Institutions (Western Australia) Code or the AFIC (Western Australia) Code.
Notes
1.This is a compilation of the Financial Institutions (Transitional) Regulations 1993 and includes the amendments referred to in the following Table.
Compilation table
Citation |
Gazettal |
Commencement |
Financial Institutions (Transitional) Regulations 1993 |
19 Mar 1993 p.1641 |
19 Mar 1993 |