Explanatory Memorandum
(Circulated by authority of the Treasurer, the Honourable Peter Costello MP)2 Abbreviations
The following abbreviations are used in this explanatory memorandum.
AAPBS | Australian Association of Permanent Building Societies |
ACCC | Australian Competition and Consumer Commission |
ACT | Australian Capital Territory |
ADI | Authorised Deposit-taking Institution |
AFIC | Australian Financial Institutions Commission |
APCA | Australian Payments Clearing Association |
APRA | Australian Prudential Regulation Authority |
APSC | Australian Payments System Council |
ASC | Australian Securities Commission |
ASIC | Australian Securities and Investments Commission |
CUSCAL | Credit Union Services (Australia) Limited |
DTI | Deposit Taking Institution |
FIC | Financial Institutions Code |
FCA | Financial Corporations Act 1974 |
FSAC | Financial Sector Advisory Council |
FSI | Financial System Inquiry |
ISC | Insurance and Superannuation Commission |
NBFI | Non-Bank Financial Institutions |
NCDs | Non-Callable Deposits |
NOHC | Non-Operating Holding Company |
PSB | Payments System Board |
RBA | Reserve Bank of Australia |
RIS | Regulation Impact Statement |
RTGS | Real-Time Gross Settlement |
SSA | State Supervisory Authority |
SSP | Special Service Provider |
TPA | Trade Practices Act 1974 |
UCCC | Uniform Consumer Credit Code |