Document ID: chunk:federal_register_of_legislation:C2004C01110:clause:4_3
Version: federal_register_of_legislation:C2004C01110
Segment Type: clause
Provision Reference: sch 4 cl 3
Character Range: 68734–69615

3  Registration of transferring financial institution as company

Registration as company on transfer date

 (1) On the transfer date, each transferring financial institution of this jurisdiction is taken to become registered as a company under the Law of this jurisdiction under the name under which the institution was registered under the previous governing Code immediately before the transfer date.

 (2) Subclause (1) applies even if the institution is an externally‑administered body corporate immediately before the transfer date.

Type of company

 (3) The following table sets out the types of company the institution may be registered as under subclause (1):

Type of company that institution may be registered as
                                                       Type of institution                                                                Type of company