Explanatory Memorandum
(Circulated by the authority of the Parliamentary Secretary to the Treasurer, the Hon Chris Pearce MP)Abbreviations
The following abbreviations are used in this explanatory memorandum.
ADI | - | Authorised deposit-taking institution |
APRA | - | Australian Prudential Regulation Authority |
APRA Act | - | Australian Prudential Regulation Authority Act 1998 |
Banking Act | - | Banking Act 1959 |
FSTOBA | - | Financial Sector (Transfers of Business) Act 1999 |
NOHC | - | Authorised non-operating holding company |
RBA | - | Reserve Bank of Australia |
RBNZ | - | Reserve Bank of New Zealand |