Document ID: chunk:federal_register_of_legislation:F2022N00125:body:0:p2
Version: federal_register_of_legislation:F2022N00125
Segment Type: other
Provision Reference: 
Character Range: 2693–3420

Register of Legislation as a notifiable instrument.

 Note 2. The Treasurer or the Treasurer's delegate is required to give a copy of this instrument to the financial sector company.

 Note 3. Section 19 of the Act provides for flow-on approvals for an approval under paragraph 14(1)(a) of the Act. If the approval relates to a financial sector company that is a holding company of an authorised deposit-taking institution or authorised insurance company, subsection 19(1) provides for flow-on approvals that relate to each financial sector company that is a 100% subsidiary of the holding company. If the approval is held by a company, subsection 19(3) provides for flow-on approvals to be held by each officer of the company.