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
4 Subsection 5(1)
Insert:
Australian business assets and liabilities , of a foreign ADI, has the meaning given by subsection 11E(3).
Banking Act statutory manager has the meaning given by subsection 13A(2).
direction under this Act means a direction under any of the following provisions:
(a) section 11CA;
(b) section 11CC;
(c) section 13E;
(d) section 17;
(e) section 23;
(f) section 29;
(g) section 31F.