COMMONWEALTH OF AUSTRALIA
Financial Sector (Shareholdings) Act 1998
Notice of Revocation under Subsection 18(3) and Approval under Subsection 14(1)
I, JOE HOCKEY, Treasurer:
• under subsection 18(3) of the Financial Sector (Shareholdings) Act 1998 (the Act), revoke the approvals previously granted on 18 March 2013 to Genworth Financial, Inc. and its subsidiaries; and
• being satisfied that it is in the national interest under subsection 14(1) of the Act, approve each company specified in Column A of the schedule to hold a stake of:
– 80 per cent in Genworth Mortgage Insurance Australia Limited (GMIA) ABN 72 154 890 730; and
– 100 per cent in each of the financial sector companies specified in Column B of the Schedule.
The revocations and approvals made in this instrument are conditional upon Genworth Financial Mortgage Insurance Pty Ltd or Genworth Financial Mortgage Indemnity Limited, or both, becoming subsidiaries of GMIA on or before 30 April 2014.
The revocations and approvals specified in this instrument take effect from the first date that Genworth Financial Mortgage Insurance Pty Ltd or Genworth Financial Mortgage Indemnity Limited become subsidiaries of GMIA.
Dated
18 September 2013
THE HON JOE HOCKEY MP
Treasurer
Schedule
Column A | Column B |
Genworth Financial, Inc. (Delaware, USA) I.R.S. Employer Identification No. 80-0873306 Genworth Holdings, Inc. (Delaware, USA) I.R.S. Employer Identification No. 33-1073076 Genworth Financial International Holdings, Inc. (Delaware, USA) I.R.S. Employer Identification No. 55-0848642 Brookfield Life Assurance Company Limited (Bermuda) I.R.S. Employer Identification No. 98-0356720 Genworth Mortgage Insurance Australia Limited ABN 72 154 890 730 Genworth Financial Australia Holdings LLC (Delaware, USA) I.R.S. Employer Identification No. 27-0313434 Genworth Financial Mortgage Insurance Finance Holdings Pty Ltd ABN 91 106 972 883 Genworth Financial New Holdings Pty Ltd ABN 74 140 219 101 Genworth Financial Mortgage Insurance Finance Pty Ltd ABN 62 106 975 188 Genworth Financial Mortgage Insurance Holdings Pty Ltd ABN 89 106 972 874 Genworth Financial Services Pty Ltd ABN 78 116 067 424 Genworth Financial Mortgage Insurance Pty Ltd ABN 60 106 974 305 | Genworth Financial Australia Holdings LLC (Delaware, USA) I.R.S. Employer Identification No. 27-0313434 Genworth Financial Mortgage Insurance Finance Pty Ltd ABN 62 106 975 188 Genworth Financial Mortgage Insurance Holdings Pty Ltd ABN 89 106 972 874 Genworth Financial Services Pty Ltd ABN 78 116 067 424 Genworth Financial Mortgage Insurance Pty Ltd ABN 60 106 974 305 Genworth Financial Mortgage Indemnity Limited ABN 55 001 825 725 |