Banking Act 1959
If APRA is satisfied that a body corporate that has been granted a section 9 authority:
(a) has ceased to exist; or
(b) has changed its name;
APRA must cause notice of that fact to be published in the Gazette . APRA may also cause notice of that fact to be published in any other way it thinks appropriate.
(2)
If the body corporate has ceased to exist, its section 9 authority is taken to be revoked on publication of the notice in the Gazette .
(3)
If the body corporate has changed its name, its section 9 authority has effect after the publication of the notice in the Gazette as if it had been granted to the body under its changed name.
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