Financial Accountability Regime (Consequential Amendments) Act 2023 (68 of 2023)

Schedule 2   Application, saving and transitional provisions

Part 2   Banking sector

Division 4   Regulatory powers and enforcement

21   Enforceable undertakings and injunctions under BEAR - savings provision

To avoid doubt, the repeal of Part IIAA of the Banking Act 1959 by Part 2 of Schedule 1 does not affect:

(a) an enforceable undertaking given under section 18A of the old Banking Act before the banking start time; or

(b) an injunction granted under section 65A of the old Banking Act before the banking start time.