Friendly Societies (Victoria) Act 1996 (Vic)

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PARTS 2–4—Repealed	3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 Repealed	3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 Repealed	4
PARTS 6–10—Repealed	4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 Repealed	4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SCHEDULE—Repealed 5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

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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;

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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.

_______________

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Friendly Societies (Victoria) Act 1996

Act No. 83/1996 s. 5

Pts 2–4

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repealed by No. 37/1999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

_______________

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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).

__________________

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Friendly Societies (Victoria) Act 1996

Act No. 83/1996 Sch. 1

Sch. 1

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ss 4–36, 40, repealed by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

═══════════════

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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.

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Friendly Societies (Victoria) Act 1996

Act No. 83/1996 Notes

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

–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

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Friendly Societies (Victoria) Act 1996

Notes Act No. 83/1996

3. Explanatory Details
No entries at date of publication.

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