Banking Act 1959

Part II - Provisions relating to the carrying on of banking business  

Division 2AA - Financial claims scheme for account-holders with insolvent ADIs  

Subdivision E - Account-holder's claims against ADI remaining after entitlement  

SECTION 16AS   APRA may disclose relevant personal information to liquidator  


Information about account-holder ' s entitlement

(1)    
APRA may disclose to the liquidator personal information about the fact that the account-holder has an entitlement under Subdivision C , and the amount of that entitlement, for the purpose of enabling the liquidator to decide whether to admit or reject the debt or claim in whole or in part.

Information relevant to section 16AR

(2)    
APRA may disclose to the liquidator personal information about the account-holder for the purpose of enabling the liquidator to determine whether subsection 16AR(2) or (3) applies and, if it does, for complying with it.


 

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