Document ID: chunk:federal_register_of_legislation:C1973A00077:body:0:p4
Version: federal_register_of_legislation:C1973A00077
Segment Type: other
Provision Reference: 
Character Range: 7856–10655

on by a person, who has deposited money or approved securities with the Treasurer under this Act; or
      (b) a body corporate that has deposited money or approved securities with the Treasurer is granted an exemption under section 37 of the Insurance Act 1973,
the Treasurer shall return to the person or body corporate that money or those approved securities.
"(6) After the expiration of the period of two years after the date of commencement of section 21 of the Insurance Act 1973 or, if a longer period not exceeding five years after that date is prescribed for the purposes of section 9 of this Act before the expiration of the first-mentioned period, after the expiration of that longer period, the Treasurer shall return to a person carrying on insurance business in Australia the money or approved securities deposited by that person under this Act.
"(7) In sub-section (6), 'Australia' includes a Territory to which the Insurance Act 1973 extends.
"(8) Sub-section (6) does not apply to a body corporate that, before the expiration of the period, or longer period, as the case may be, referred to in that, sub-section, has commenced to be wound up or in respect of which a winding up order has been made by a court.".

Formal amendments.
10. The Principal Act is amended as set out in the Schedule.

SCHEDULE Section 10

FORMAL AMENDMENTS

1. The following provisions of the Principal Act arc amended by omitting any number expressed in words that is used, whether with or without the addition of a letter or fetters, to identify a section of that Act or of another Act, and substituting that number expressed in figures:—
      Sections 3(4), 7(4), 11(1), 13(1), 13a, 13b, 14(2)(b), (c)(i) and (d)(i), 20b(1), 22(2)(a) and 26b(1)(a) and (b).
2. The following provisions of the Principal Act are amended by omitting the words "of this Act":—
      Sections 7(4), 13a, 13b, 14(2)(b), (c)(i) and (d)(i), 20b(1), 22(2)(a) and 26b(1)(a) and (b).
3. The Principal Act is further amended as set out in the following table:—
Provision                                 Amendment
  Section 3(1) (definition of "Actuary")     Omit "the twenty-ninth day of July, One thousand eight hundred and ninety-four,", substitute "29th July, 1894,".
  Section 3(4)...........                    Omit "of this Act" (last occurring).
  Section 7(1)...........                    Omit "the first day of February, One thousand nine hundred and thirty-two,", substitute "1st February, 1932,".
  Section 8.............                     Omit "the first day of February One thousand nine hundred and thirty-two,", substitute "1st February, 1932,".
  Section 11(1)..........                    Omit "of this Act" (first occurring).
  Section 13(1)..........                    Omit "of this Act" (first occurring).