Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Building and Construction Industry Security of Payment Act 1999.
MORRIS IEMMA, M.P.,Minister for Public Works and Services
1 Name of Regulation
This Regulation is the Building and Construction Industry Security of Payment Regulation 2001.
2 Notes
The explanatory note does not form part of this Regulation.
3 Recognised financial institutions
Each person or body that is a body regulated by APRA, within the meaning of the Australian Prudential Regulation Authority Act 1998 of the Commonwealth, is prescribed for the purposes of the definition of recognised financial institution in section 4 of the Building and Construction Industry Security of Payment Act 1999.