Media Release Financial Corporations Act 1974

Number 2000-16
Date

The Governor of the Reserve Bank has the powers under the Financial Corporations Act 1974 relating to:

  • categorisation of registered corporations; and
  • exemption of corporations from the application of the Act.

Attached to this Media Release are copies of orders made under the abovementioned powers. Complete lists of registered corporations by category and exempt corporations as at
30 September 2000 are available on request.

Enquiries

Carl Schwartz
Economic Analysis Department
(02) 9551 8851

Manager, Information Office
Reserve Bank of Australia
SYDNEY (02) 9551 8111

COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
VARIATION OF LIST OF REGISTERED CORPORATIONS

I, I.J. Macfarlane, GOVERNOR OF THE RESERVE BANK OF AUSTRALIA, pursuant to Subsection 10(2) of the Financial Corporations Act 1974, hereby make the following variation to the list of registered corporations as published in the Reserve Bank of Australia Media Release No: 2000-12 of 5 July 2000:

(a) Omit from Category D (Money Market Corporations)

ABN AMRO Australia (Projects) Pty Limited, N.S.W.
ABN AMRO Corporate Finance Limited, N.S.W.
BT Australia Limited, N.S.W.
BT Finance Pty Limited, N.S.W.
Cassa Commerciale Australia Limited, N.S.W.
CB-CLFIA Limited, N.S.W.
General Accident Australia and New Zealand Limited, N.S.W.
Hambros Securities Australia Limited, Victoria
HSBC International Finance (Australia) Pty Limited, A.C.T.
HSBC International Investments (Australia) Pty Limited, N.S.W.
HSBC International Leasing (Australia) Pty Limited, A.C.T.
HSBC Project Finance and Property (Australia) Pty Limited, A.C.T.
Invia Financial Services Limited, Victoria Midland Montagu Australia Limited, N.S.W.
Scandinavian Pacific Limited, A.C.T.
Schroders Australia Limited, N.S.W.
Security Capital Corporation Pty Ltd, W.A.
Toronto Dominion Leasing (Australia) Limited, Victoria
UBS Australia Finance Limited, N.S.W.

(b) Include in Category D (Money Market Corporations)

ASB Finance Limited, N.S.W.
BOS International (Australia) Limited, A.C.T.

(c) Omit from Category F (Finance Companies)

Bendigo Finance Pty Ltd, Victoria
Rhein-Main No. 6 Limited, A.C.T.
STA Finance Australia Pty Ltd, Victoria
Victorian Finance & Leasing Limited, Victoria

(d) Omit from Category G (General Financiers)

Carlton Finance Limited, Victoria
Group Industrial Credits Limited, Victoria
Heathley Limited, N.S.W.
Heathley Mortgages Pty Limited, N.S.W.
Hedon Investments Limited, Victoria
Liberty Financial Pty Ltd, Victoria
S.W. Mortgage Management Pty Ltd, Tasmania
Scholefield Goodman (Aust.) Pty Ltd, N.S.W.
Webster Finance Ltd, Tasmania

(e) Include in Category G (General Financiers

Gold Ribbon (Accountants) Pty Ltd, Victoria

(f) Omit from Category H (Retailers)

Encyclopaedia Britannica (Australia) Inc., U.S.A.

(g) Omit from Category I (Intra Group Financiers)

BOS International (Australia) Limited, A.C.T.

(h) Omit from Category J (Other Financial Corporations)

Richards Lyon Limited, W.A.
Westcorp Pty Ltd, W.A.

Dated 5 October 2000

I.J. Macfarlane
Governor
Reserve Bank of Australia

COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
ORDER FOR THE PURPOSES OF PARAGRAPH 8(2)(l)

I, I.J. Macfarlane, GOVERNOR OF THE RESERVE BANK OF AUSTRALIA, pursuant to Subsection 8(2)(l) of the Financial Corporations Act 1974, hereby:

(a) Revoke the exemption of the following corporations:

BCC Australia Limited
Fortis Securities Limited Graham & Company Limited
Graham & Company Mortgages Limited
Graham & Company Securities Limited

(b) Exempt the following corporations:

AAA Shelfco No 2 Limited
ABN AMRO Australia (Projects) Pty Limited
Scandinavian Pacific Limited

Dated 5 October 2000

I.J. Macfarlane
Governor
Reserve Bank of Australia