📜 Friendly Societies (Western Australia) Bill 1998
Assented toLABill 13720 May 1998
The Friendly Societies (Western Australia) Bill 1998 enacts the Friendly Societies (Western Australia) Code, confers functions and powers on AFIC and the Tribunal, provides for regulations, levies, and fees, and makes consequential amendments to other Acts. It repeals the Friendly Societies Act 1894.
Impact
Friendly societies, their members, and the Western Australian Financial Institutions Authority (WAFIA) are affected. It aims to modernize the regulation of these societies and ensure their financial stability and proper governance.
Key Changes
["Enacts the Friendly Societies (Western Australia) Code.", "Repeals the Friendly Societies Act 1894.", "Confers functions and powers on AFIC and the Tribunal."]
Parliamentary Progress
- LA IntroducedLA20 May 1998
- LA Second Reading MovedLA21 May 1998
- LA Third ReadingLA20 Oct 1998
- LA Second Reading AgreedLA20 Oct 1998
- LC Second Reading MovedLC20 Oct 1998
- LC Second Reading AgreedLC9 Mar 1999
- LC Third ReadingLC9 Mar 1999
Affected Sectors
finance
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