Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Act 2018 (10 of 2018)

Schedule 1   Amendment of the Banking Act 1959

Part 1   Main amendments

Banking Act 1959

197   At the end of subsection 16(2)

Add:

Note: Subsection 13A(3) applies if the body corporate is an ADI, and provides for priorities for the application of the ADI's assets in Australia.