Document ID: chunk:federal_register_of_legislation:C2004A02846:body:0:p21
Version: federal_register_of_legislation:C2004A02846
Segment Type: other
Provision Reference: 
Character Range: 50746–54821

or the Commissioner" in sub-section 63 (1) of that Act, that Part shall be deemed so to apply by virtue of that Act.
(7) The powers conferred on the Commissioner by this section are in addition to, and do not derogate from, the powers conferred on the Commissioner or on the Treasurer by the Insurance Act 1973.
(8) Where a body corporate in respect of which a direction has been given under sub-section (1) is commenced to be wound up, the direction ceases to have effect.
(9) Nothing in this section affects the validity of a transaction entered into by a prescribed body corporate in contravention of a direction given under sub-section (1).
(10) A direction given under sub-section (1) has effect and shall be complied with notwithstanding anything in any law of a State or Territory.
(11) Section 19a of the Insurance Act 1973 applies in relation to the powers of the Commissioner under this section in like manner as it applies to the powers of the Commissioner under that Act.

(12) Section 129a of the Insurance Act 1973 applies to an offence against sub-section (4) as if references in that section to provisions of that Act included a reference to sub-section (2).
(13) Section 129b of the Insurance Act 1973 applies in relation to this section as if a reference in that section to a provision of that Act were a reference to this section.
(14) While a person is acting as the Commissioner he has and may exercise all the powers of the Commissioner under this section.
(15) In this section, unless the contrary intention appears, "direction" includes, where a direction is varied, the direction as varied.

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SCHEDULE 1 Section 41
AMENDMENTS RELATING TO ACCOUNTS AND ACCOUNTING RECORDS
Provision amended     Omit—                                                                                                                                        Substitute
Paragraph 22 (2) (g)    accounts                                                                                                                                     ordinary accounts
Paragraph 40 (1) (b)    accounts and statements referred to in sub-section 44 (1)                                                                                    yearly statutory accounts
Paragraph 40 (1) (c)    accounts and statements                                                                                                                      yearly statutory accounts
Sub-section 41 (1)      accounts                                                                                                                                     statutory accounts
Paragraph 41 (2) (a)    accounts                                                                                                                                     statutory accounts
Sub-section 42 (1)      accounts                                                                                                                                     statutory accounts
Sub-section 44 (7)      An account or statement lodged under any of the preceding provisions of this section, other than sub-section (3).                            Statutory accounts lodged under sub-section (1), (4) or (6)
Sub-section 44 (8)      accounts and statements referred to in sub-section (1)                                                                                       yearly statutory accounts
Sub-section 44 (9)      an account or statement                                                                                                                      statutory accounts or a document referred to in sub-section (3)
Sub-section 45 (2)      A statement                                                                                                                                  Yearly statutory accounts
Sub-section 47 (1)      Accounts and statements required by sub-section 44 (1) to be lodged by a body corporate with the Commissioner                                Yearly statutory accounts of a body corporate
Sub-section 47 (2)      accounts and