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Financial Accountability Regime (Consequential Amendments) Act 2023

No. 68, 2023

An Act to deal with consequential amendments and transitional matters arising from the enactment of the Financial Accountability Regime Act 2023, and for related purposes

Contents
1 Short title
2 Commencement
3 Schedules
Schedule 1—Consequential amendments
Part 1—Amendments for the start of the financial accountability regime
Australian Prudential Regulation Authority Act 1998
Australian Securities and Investments Commission Act 2001
Banking Act 1959
Corporations Act 2001
Financial Regulator Assessment Authority Act 2021
Financial Sector (Transfer and Restructure) Act 1999
Insurance Act 1973
Life Insurance Act 1995
National Consumer Credit Protection Act 2009
Payment Systems and Netting Act 1998
Private Health Insurance (Prudential Supervision) Act 2015
Superannuation Industry (Supervision) Act 1993
Part 2—Amendments for the end of the banking executive accountability regime
Australian Prudential Regulation Authority Act 1998
Banking Act 1959
Schedule 2—Application, saving and transitional provisions
Part 1—Preliminary
Part 2—Banking sector
Division 1—Key personnel obligations
Division 2—Deferred remuneration obligations
Division 3—Notification obligations
Division 4—Regulatory powers and enforcement
Part 3—Other sectors
Division 1—Key personnel obligations
Division 2—Deferred remuneration obligations
Division 3—Insurance
Division 4—Life insurance
Division 5—Private health insurance
Division 6—Superannuation
Part 4—APRA and ASIC
Division 1—Transition from the BEAR
Division 2—Application of the FAR
Part 5—Transitional rules

Financial Accountability Regime (Consequential Amendments) Act 2023
No. 68, 2023

An Act to deal with consequential amendments and transitional matters arising from the enactment of the Financial Accountability Regime Act 2023, and for related purposes

[Assented to 14 September 2023]

The Parliament of Australia enacts: