Revocation of Approval to Hold a Stake in a Financial Sector Company of More Than 15%

Financial Sector Shareholdings Act 1998 

SINCE:

Jon Winkelried and the persons named in the attached Schedule (the applicants) have requested the Treasurer to revoke the 2016 Approval;

I, Stephen Glenfield, a delegate of the Treasurer, under subsection 18(3) of the Financial Sector Shareholdings Act 1998 (the Act), REVOKE the 2016 Approval.

This instrument takes effect on the day it is signed.

Dated: 11 May 2018  

[Signed]
 

Stephen Glenfield

General Manager

Specialised Institutions Division

South West Region

Interpretation

2016 Approval means the approval granted under subsection 14(1) of the Act on 17 October 2016 for the applicants to hold a 100% stake in each of Wolverine Advisors, Inc. (Cayman); TWG Holdings Limited (Bermuda); Wolverine InterCo, Inc. (Delaware); Wolverine Acquisitions, Inc. (Delaware); The Warranty Group, Inc. (Delaware); TWG Holdings, Inc. (Delaware) and Virginia Surety Company, Inc.

financial sector company has the meaning given in section 3 of the Act.

SCHEDULE 1

PERSONS WHO HAVE REQUESTED REVOCATION OF 2016 APPROVAL

1. Eric Wayne Leathers
2. Peter MacDonald McGoohan
3. John Michael Kelly
4. Denis J. O’Leary
5. John Park
6. Randy Philip Parker
7. Thomas Woodrow Warsop III
8. James J. Scanlan
9. David Bonderman
10. James Coulter
11. Wolverine Advisors, Inc. (Cayman)
12. TWG Holdings Limited (Bermuda)
13. Wolverine InterCo Inc. (Delaware)
14. Wolverine Acquisitions, Inc. (Delaware)
15. The Warranty Group (Illinois)
16. TWG Holdings Inc. (Illinois)