Senate
Financial Sector Legislation Amendment (Trans-Tasman Banking Supervision) Bill 2006
Explanatory Memorandum
(Circulated by the authority of the Parliamentary Secretary to the Treasurer, the Hon Chris Pearce MP)Abbreviations
The following abbreviations are used in this explanatory memorandum.
| ADI | - | Authorised deposit-taking institution |
| APRA | - | Australian Prudential Regulation Authority |
| APRA Act | - | Australian Prudential Regulation Authority Act 1998 |
| Banking Act | - | Banking Act 1959 |
| FSTOBA | - | Financial Sector (Transfers of Business) Act 1999 |
| NOHC | - | Authorised non-operating holding company |
| RBA | - | Reserve Bank of Australia |
| RBNZ | - | Reserve Bank of New Zealand |
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