Financial Sector Legislation Amendment Act (No. 1) 2003 (116 of 2003)

Schedule 2   Banking Act 1959

4   At the end of section 5

Add:

(3) For the purposes of this Act:

(a) an ADI and its subsidiaries together constitute a relevant group of bodies corporate ; and

(b) an authorised NOHC and its subsidiaries together also constitute a relevant group of bodies corporate .