Treasury Laws Amendment (Financial Sector Regulation) Act 2018 (142 of 2018)

Schedule 2 Limited banking licences

Repeal the paragraph, substitute:

(b) a decision to revoke a body corporate's section 9 authority, unless:

(i) APRA has determined, under subsection (4), that the procedures in subsection (3) do not apply; or

(ii) the section 9 authority is an authority that is to cease to have effect on a day specified in the authority.