[Browse Databases] [Alphabetical Index] ['Fi' Index]
[Download Act] [Search Act]

---

FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998 - List of Sections

Section

Compilation Information

Long Title

FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 1—Preliminary

1. Short title [ see Note 1]
2. Commencement [ see Note 1]
3. Definitions
4. Holding companies
5. Crown to be bound
6. External Territories
7. Extra-territorial operation
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 2—Restrictions on shareholdings in financial sector companies

FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Division 1—Introduction


8. Simplified outline
9. Definitions in Schedule 1
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Division 2—15% shareholding limit


10. Meaning of unacceptable shareholding situation
11. Acquisitions of shares
12. Remedial orders
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Division 3—Approval to exceed 15% shareholding limit


13. Application for approval to exceed 15% shareholding limit
14. Approval of application
15. Duration of approval
16. Conditions of approval
17. Varying percentage stake approved
18. Revoking an approval
19. Flow-on approvals
20. Further information about applications
21. Electronic lodgment of applications
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Division 4—Practical control where 15% shareholding limit
not exceeded


22. Meaning of control
23. Treasurer may declare person to have practical control of a financial sector company
24. Requirement to relinquish practical control or reduce stake
25. Remedial orders
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Division 5—Record-keeping and giving of information


26. Record-keeping and giving of information
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Division 6—Ancillary matters


27. Provision to attract the corporations power, the banking power and the insurance power
28. Concurrent operation of State/Territory laws
29. Validity of acts done in contravention of this Part
30. Acquisition of property
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 3—Anti-avoidance

31. Anti-avoidance
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 4—Injunctions

32. Injunctions
33. Interim injunctions
34. Discharge etc. of injunctions
35. Certain limits on granting injunctions not to apply
36. Other powers of the court unaffected
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 5—Offences

38. Incorrect records
39. Indictable offences
40. Application of Criminal Code
41. Service of summons or process on foreign corporations—criminal proceedings
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 6—Civil liability

42. Civil liability of corporations
43. Civil liability of persons other than corporations
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Part 7—Miscellaneous

44. Delegation by Treasurer
45. Foreign Acquisitions and Takeovers Act 1975 and this Act to operate independently of each other
46. Regulations
47. Transitional—pre-commencement stakes in financial sector companies
48. Transitional—pre-transfer stakes held in bodies transferring to regulation by the Commonwealth
49. Transitional—stakes held as a result of completion of transfers of engagements or mergers under certain State or Territory laws
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Schedule 1—Ownership definitions

FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998
Notes to the Financial Sector (Shareholdings) Act 1998

Table A

---

[Browse Databases] [Alphabetical Index] ['Fi' Index]
[Download Act] [Search Act] [Back to top]