Legal database - View: Extrinsic Materials: Treasury Laws Amendment (Major Bank Levy) Act 2017 - Explanatory Memorandum

House of Representatives

Treasury Laws Amendment (Major Bank Levy) Bill 2017

Treasury Laws Amendment (Major Bank Levy) Act 2017

Major Bank Levy Bill 2017

Major Bank Levy Act 2017

Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)

[1]

International Monetary Fund, A Fair and Substantial Contribution by the Financial Sector , Final Report for the G-20, June 2010

[2]

This costing was for option 1, which was to only apply the Basel NSFR standard to larger ADIs.