Banking Act 1959
Part II
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Provisions relating to the carrying on of banking business
Division 2AA
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Financial claims scheme for account-holders with insolvent ADIs
Subdivision D
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Administration
SECTION 16AM
16AM
Recovery of overpayments
The regulations may make provision for and in relation to the recovery by APRA of the excess of an amount paid to, or applied for the benefit of, an account-holder purportedly to meet an entitlement of the account-holder under Subdivision C over the account-holder ' s entitlement (if any) under that Subdivision.
View history note
Hide history noteThe regulations may make provision for and in relation to the recovery by APRA of the excess of an amount paid to, or applied for the benefit of, an account-holder purportedly to meet an entitlement of the account-holder under Subdivision C over the account-holder ' s entitlement (if any) under that Subdivision.
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