Commonwealth Numbered Regulations

INSURANCE CONTRACTS REGULATIONS (AMENDMENT) 1997 No. 238 - REG 2

2.1 Add at the end: Financial sector supervisory agencies (Act, s. 11F)

"36. For the definition of 'financial sector supervisory agency' in subsection
11F (1) of the Act, the following agencies are declared:

   (a)  Australian Financial Institutions Commission;

   (b)  Australian Securities Commission;

   (c)  Department of Urban Services, Australian Capital Territory;

   (d)  New South Wales Financial Institutions Commission;

   (e)  New South Wales Motor Accidents Authority;

   (f)  Queensland Motor Accident Authority;

   (g)  Queensland Office of Financial Supervision;

   (h)  Registrar of Financial Institutions, Australian Capital Territory;

   (i)  Reserve Bank of Australia;

   (j)  South Australian Office of Financial Supervision;

   (k)  Tasmanian Office of Financial Supervision;

   (l)  Territory Supervisory Authority, Northern Territory;

   (m)  Victorian Financial Institutions Commission;

   (n)  Victorian WorkCover Authority;

   (o)  Western Australian Financial Institutions Authority;

   (p)  Workcover Authority of New South Wales;

   (q)  Work Cover Corporation;

   (r)  WorkCover Western Australia;

   (s)  Work Health Authority, Northern Territory;

   (t)  Workplace Standards Authority. Law enforcement agencies (Act, s. 11F)

"37. For the definition of 'law enforcement agency' in subsection 11F (1) of
the Act, the following agencies are declared:

   (a)  Australian Bureau of Criminal Intelligence;

   (b)  Australian Competition and Consumer Commission;

   (c)  Australian Federal Police;

   (d)  Australian Transactions Reports and Analysis Centre (AUSTRAC);

   (e)  Civil Aviation Safety Authority;

   (f)  Commonwealth Director of Public Prosecutions;

   (g)  Commonwealth Law Enforcement Board;

   (h)  Criminal Justice Commission, Queensland;

   (i)  Independent Commission Against Corruption, New South Wales;

   (j)  National Crime Authority;

   (k)  National Exchange of Police Information;

   (l)  New South Wales Crime Commission;

   (m)  Office of Law Enforcement Policy;

   (n)  Office of Strategic Crime Assessments;

   (o)  Police Integrity Commission, New South Wales;

   (p)  an authority of a State or Territory having functions and powers
        similar to those of the Commonwealth Director of Public Prosecutions;

   (q)  the police force of a State or Territory. Overseas financial sector
        supervisory agencies (Act, s. 11F)

"38. For the definition of 'overseas financial sector supervisory agency' in
subsection 11F (1) of the Act, the following agencies are declared:

   (a)  Bank Negara Malaysia (Central Bank of Malaysia);

   (b)  Bundesaufsichtsamt f�r das Versicherungswesen (Federal Insurance
        Supervisory Office), Germany;

   (c)  Bundesministerium der Finanzen (Federal Ministry of Finance), Germany;

   (d)  Commission de Contr�le des Assurances (Insurance Supervisory
        Authority), France;

   (e)  Danish Financial Supervisory Authority;

   (f)  Department of Finance, Papua New Guinea;

   (g)  Department of Insurance, Thailand;

   (h)  Department of Trade and Industry, United Kingdom;

   (i)  Directorate General of Financial Institutions of the Ministry of
        Finance, Indonesia;

   (j)  European Commission;

   (k)  Federal Office of Private Insurance, Switzerland;

   (l)  Financial Institutions Canada;

   (m)  Financial Services Board, South Africa;

   (n)  Finansinspektionen (Financial Supervisory Authority), Sweden;

   (o)  Insurance Regulatory Authority, India;

   (p)  Insurance Section, Department of Enterprise and Employment, Republic
        of Ireland;

   (q)  Istituto per la vigilanza sulle assicurazioni private e di interesse
        collettivo (Institute for the Supervision of Private Insurance
        Undertakings and Insurance Undertakings of Public Interest), Italy
        (ISVAP);

   (r)  Minist�re de l'�conomie et des Finances (Ministry of the Economy and
        Finance), France;

   (s)  Ministry of Commerce, New Zealand;

   (t)  Ministry of Finance, Japan;

   (u)  Monetary Authority of Singapore;

   (v)  National Association of Insurance Commissioners, United States of
        America;

   (w)  Office of the Commissioner of Insurance, Hong Kong;

   (x)  Verzekeringskamer (Chamber of Insurance), Netherlands.".