MEDIA RELEASE No: 97-06 Date: 4 April 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 March 1997, of registered corporations by category and exempt corporations are available on request.

Enquiries:

Terry Pittorino
Manager
Non-Bank Intermediaries
Financial System Department
(02) 9551 8760

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 Releases No. 96-12 of 2 October 1996 and No. 97-01 of 6 January 1997:

(a) Omit from Category A (Building Societies)

Manchester Unity Building Society Limited, S.A.

(b) Include in Category A (Building Societies)

Lifeplan Australia Building Society Limited, S.A.

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

3M Employees' Credit Union Limited, N.S.W.

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

Victas Credit Union Co-operative Limited, Victoria

Wyong Shire Council Employees' Credit Union Limited, N.S.W.

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

First Option Credit Union Ltd, Victoria

Tartan Credit Union Ltd, N.S.W.

Wyong Council Credit Union Ltd, N.S.W.

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

Bain Capital Markets Limited, N.S.W.

Commercial & General Capital Limited, W.A.

Credit Suisse Australia (Finance) Limited, A.C.T.

CS First Boston Australia Securities Limited, Victoria

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

First State Securities Limited, N.S.W.

FML Securities Limited, Queensland

NZI Group Services Australia Limited, N.S.W.

Standard Chartered Australia Limited, N.S.W.

Svenska Australia Limited, N.S.W.

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

Credit Suisse First Boston Australia (Finance) Limited, A.C.T.

Credit Suisse First Boston Australia Securities Limited, Victoria

Credit Suisse First Boston Pacific Capital Markets Limited, A.C.T.

Deutsche Morgan Grenfell Australia Limited, NSW

General Accident Australia and New Zealand Limited, N.S.W.

PBL Securities Limited, N.S.W.

(g) Omit from Category E (Pastoral Finance Companies)

DPSPL Pty Limited, A.C.T.

(h) Omit from Category G (General Financiers)

CBW Finance Pty Limited, Victoria

Danard Investments Limited, Victoria

Kent (Australia) Limited, N.S.W.

Lance Finance Pty Limited, N.S.W.

Swanston Mortgage Pty Ltd, Victoria

(i) Include in Category G (General Financiers)

Advance Leasing Limited, S.A.

Ballarat Savings & Loans Limited, Victoria

Fisher & Paykel Finance Pty Limited, Queensland

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

Consolidated Capital Markets Limited, N.S.W.

Dated 4 April 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)(1)

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:

JC No.21 (Australia) Pty Limited

Property Mortgages Pty Limited

(b) exempt the following corporations:

Consolidated Capital Markets Limited

DPSPL Pty Limited

First State Securities Limited

Fleet Systems Pty Limited

FML Securities Limited

H.R.L. Morrison & Co (Australia) Pty Limited

Retail Area Franchise Financing Pty Limited

Swanston Mortgage Pty Ltd

Dated 4 April 1997

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