MEDIA RELEASE No: 97-01 Date: 6 January 1997 Embargo: For Immediate Release

FINANCIAL CORPORATIONS ACT 1974

The Treasurer has delegated to the Governor of the Reserve Bank powers under the Financial Corporations Act 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, as at 31 December 1996, of registered corporations by category and exempt corporations are available on request.

Enquiries:
Mrs. H.T. Saunders
Senior Statistics Officer
Financial System Department
(02) 9551 8731

Manager, Information Office
Reserve Bank of Australia
SYDNEY
(02) 9551 9720

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

I, I.J. MACFARLANE, GOVERNOR OF THE RESERVE BANK OF AUSTRALIA, by virtue of powers granted under Section 22A of the Financial Corporations Act 1974 and pursuant to Subsection 10(2) of that Act, hereby make the following variation to the list of registered corporations as published in the Reserve Bank of Australia Media Release No 96-08 of 3 July 1996, subsequently varied as published in the Reserve Bank of Australia Media Release No. 96- 12 of 2 October 1996:

(a) Omit from Category A (Building Societies)

First Provincial Building Society, Queensland

Ipswich and West Moreton Building Society, Queensland

Suncorp Building Society, Queensland

(b) Include in Category A (Building Societies)

First Provincial Building Society Ltd, Queensland

(c) Omit from Category B (Credit Co-operatives)

AUSTAX Credit Union Ltd, Queensland

Ballarat Co-operative Credit Union Limited, Victoria

Ciba-Geigy Staff Credit Union Limited, N.S.W.

Gas Corporation Credit Co-operative Limited, Victoria

Hastings Credit Union Ltd, N.S.W.

Ipswich Credit Union Ltd, Queensland

Lysaght Employees' Credit Union Ltd, N.S.W.

(d) Include in Category B (Credit Co-operatives)

Discovery Credit Union Ltd, Queensland

Gas Credit Union Ltd, Victoria

Gold Credit Co-operative Limited, Victoria

Holiday Coast Credit Union Ltd, N.S.W.

Lysaght Credit Union Ltd, N.S.W.

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

Australian Gilt Securities Limited, N.S.W.

Cazfield Pty Ltd, A.C.T.

DB Australia Limited, Victoria

Partnership Pacific Leasing Limited, N.S.W.

Partnership Pacific Leasing (Vic) Pty Ltd, Victoria

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

CS First Boston Pacific Capital Markets Limited, A.C.T.

Deutsche Australia Limited, Victoria

RMB Australia Limited, NSW

Westpac Equipment Finance Limited, N.S.W.

Westpac Equipment Finance (Vic) Pty Limited, Victoria

(g) Omit from Category G (General Financiers)

Ballarat Securities Corporation Limited, Victoria

Equus Financial Services Limited, Victoria

Wesfarmers Credit Corporation (Finance) Ltd, W.A.

Wesfarmers Credit Corporation Limited, W.A.

(h) Include in Category G (General Financiers)

Equus Corp Pty Limited, Victoria

Lease Plan Australia Limited, Victoria

Victorian Securities Corporation Limited, Victoria

Dated 6 January 1997

I.J. Macfarlane
Governor
Reserve Bank of Australia
For and on behalf of the Treasurer

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, by virtue of powers granted under Section 22A of the Financial Corporations Act 1974 and pursuant to Subsection 8(2)(1) of that Act, by this Order, hereby

(a) revoke the exemption of the following corporations:

Aldershot Limited

Allied Australian Investments Limited

Australian Multi-Finance Corporation Ltd

Balesroom Pty Limited

City and Rural Mutual Home Loans Fund Ltd

Executive Mutual Home Loans Fund Limited

First Federation Discount Co. Limited

Galdnet Pty Limited

Lasoace Pty Limited

Lombard Finance Australia Pty Limited

Manoora Pty Limited

NatWest Investments Australia Pty Limited

NMRB Australia Finance Limited

NMRB Investments Limited

Pan Australian Credits Limited

Prime Acceptance Corporation Pty Ltd

Saitama Australia Finance Limited

The Mutual Home Loans Fund of Australia Limited

(b) exempt the following corporations:

Wesfarmers Credit Corporation (Finance) Ltd

Wesfarmers Credit Corporation Limited

Dated 6 January 1997

I.J. Macfarlane
Governor
Reserve Bank of Australia
For and on behalf of the Treasurer