Friendly Societies (Victoria) Act 1996

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					                          Version No. 011
       Friendly Societies (Victoria) Act 1996
                              Act No. 83/1996
       Version incorporating amendments as at 1 July 1999


                        TABLE OF PROVISIONS

Section                                                     Page

PART 1—PRELIMINARY                                             1
  1.      Purpose                                              1
  2.      Commencement                                         1
  3.      Definitions                                          1
  4.      Crown to be bound                                    2

PARTS 2–4—Repealed                                             3
  5–12. Repealed                                               3

PART 5—LEVIES, FEES AND OTHER AMOUNTS                          4
  13. Supervision fund                                         4
  14–18. Repealed                                              4

PARTS 6–10—Repealed                                            4
  19–40.     Repealed                                          4
                           __________________

SCHEDULE—Repealed                                              5
                           ═══════════════

NOTES                                                          6
1. General Information                                         6
2. Table of Amendments                                         7
3. Explanatory Details                                         8




                                     i
                         Version No. 011
     Friendly Societies (Victoria) Act 1996
                           Act No. 83/1996
      Version incorporating amendments as at 1 July 1999

The Parliament of Victoria enacts as follows:


                     PART 1—PRELIMINARY

     1. Purpose
                 The purpose of this Act is to provide for the
                 formation, registration, management and
                 regulation of friendly societies.
     2. Commencement
             (1) This Part comes into operation on the day on
                 which this Act receives the Royal Assent.
             (2) The remaining provisions of this Act come into
                 operation on a day or days to be proclaimed.
             (3) The Governor in Council may fix different days
                 for the commencement of different provisions of
                 the Friendly Societies Code set out in Schedule 1
                 to this Act.
     3. Definitions
             (1) In this Act—
                 "friendly societies legislation of Victoria"
                      means—
                       (a) this Act and regulations under this Act;
                       (b) the Friendly Societies (Victoria)
                           Code;
                       (c) the Friendly Societies (Victoria)
                           Regulations;


AB-30/6/99                         1
                       Friendly Societies (Victoria) Act 1996
s. 4
                                 Act No. 83/1996

                              (d) the AFIC (Victoria) Code, the AFIC
                                  (Victoria) Regulations, the Financial
                                  Institutions (Victoria) Code and the
                                  Financial Institutions (Victoria)
                                  Regulations as applying to the Code
                                  and Regulations referred to in
                                  paragraphs (b) and (c);
                        "Friendly Societies (Victoria) Code" means the
                             provisions applying because of section 5 of
                             this Act;
                        "Friendly Societies (Victoria) Regulations"
                             means the provisions applying because of
                             section 6 of this Act;
                        "Ministerial Council" means the Ministerial
                            Council established under the financial
                            institutions agreement within the meaning of
                            the Financial Institutions (Victoria) Code.
                    (2) Words and expressions used in the Friendly
                        Societies (Victoria) Code and in this Act have the
                        same respective meanings in this Act as they have
                        in that Code.
                    (3) Sub-section (2) does not apply to the extent that
                        the context or subject matter otherwise indicates
                        or requires.
            4. Crown to be bound
                    (1) The friendly societies legislation of Victoria binds
                        the Crown, not only in right of Victoria but also,
                        so far as the legislative power of the Parliament
                        permits, the Crown in all its other capacities.
                    (2) Nothing in this section permits the Crown in any
                        of its capacities to be prosecuted for an offence.
                                 _______________




       AB-30/6/99                         2
             Friendly Societies (Victoria) Act 1996
                                                            s. 5
                       Act No. 83/1996

             *          *           *           *     *   Pts 2–4
                                                          (Headings
                                                          and ss 5–12)
                                                          repealed by
                                                          No. 37/1999
                                                          s. 19(3).

                      _______________




AB-30/6/99                     3
                               Friendly Societies (Victoria) Act 1996
 s. 13
                                         Act No. 83/1996


                        PART 5—LEVIES, FEES AND OTHER AMOUNTS

                      13. Supervision fund
                               The SSA must pay into the Supervision Fund
                               established under section 41 of the Financial
                               Institutions (Victoria) Act 1992 all amounts
                               received as supervision levy under this Part.
Ss 14–18                       *          *           *           *            *
repealed by
No. 37/1999
s. 19(3).



                                      __________________

Pt 6                           *          *           *           *            *
(Heading and
ss 19–21A)
amended by
No. 43/1997
s. 37, repealed
by No.
37/1999
s. 19(3).
                                      __________________

Pts 7–10                       *          *           *           *            *
(Headings
and ss 22–40)
repealed by
No. 37/1999
s. 19(3).

                                      __________________




                  AB-30/6/99                     4
             Friendly Societies (Victoria) Act 1996
                                                            Sch. 1
                       Act No. 83/1996

             *          *           *           *     *   Sch. 1
                                                          amended by
                                                          No. 43/1997
                                                          ss 4–36, 40,
                                                          repealed by
                                                          No. 37/1999
                                                          s. 19(3).


                    ═══════════════




AB-30/6/99                     5
                          Friendly Societies (Victoria) Act 1996
Notes
                                    Act No. 83/1996


                                            NOTES

        1. General Information
          Minister's second reading speech—
          Legislative Assembly: 31 October 1996
          Legislative Council: 3 December 1996
          The long title for the Bill for this Act was "to provide for the formation,
          registration, management and regulation of friendly societies, to repeal the
          Friendly Societies Act 1986 and make consequential amendments to other
          Acts, and for other purposes."
          The Friendly Societies (Victoria) Act 1996 was assented to on
          23 December 1996 and came into operation as follows:
          Part 1 (sections 1–4) on 23 December 1996: section 2(1); rest of Act on
          1 October 1997: Special Gazette (No. 122) 1 October 1997 page 1.




          AB-30/6/99                            6
                   Friendly Societies (Victoria) Act 1996
                                                                                        Notes
                             Act No. 83/1996

2. Table of Amendments
  This Version incorporates amendments made to the Friendly Societies
  (Victoria) Act 1996 by Acts and subordinate instruments.
  –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
  Friendly Societies (Victoria) (Amendment) Act 1997, No. 43/1997
       Assent Date:               11.6.97
       Commencement Date:         Pts 1, 2, section 40 on 11.6.97: s. 2(1)
       Current State:             This information relates only to the provisions
                                  amending the Friendly Societies (Victoria) Act 1996
  Financial Sector Reform (Victoria) Act 1999, No. 37/1999
      Assent Date:              8.6.99
      Commencement Date:        S. 19(3) on 1.7.99: Special Gazette (No. 97) 30.6.99
                                p. 2
      Current State:            This information relates only to the provisions
                                amending the Friendly Societies (Victoria) Act 1996
  –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––




  AB-30/6/99                               7
                          Friendly Societies (Victoria) Act 1996
Notes
                                    Act No. 83/1996

        3. Explanatory Details
          No entries at date of publication.




          AB-30/6/99                           8

				
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