Australian Prudential Regulation Authority Act 1998

PART 2 - ESTABLISHMENT, FUNCTIONS AND POWERS OF APRA  

SECTION 11A   APRA ' S LIABILITIES ARE COMMONWEALTH LIABILITIES  

11A(1)   [ Financial liabilities of APRA]  

Any financial liabilities of APRA are taken to be liabilities of the Commonwealth.

11A(2)   [ " financial liability " ]  

For the purposes of this section:

financial liability
means a liability to pay a person an amount where the amount, or the method for working out the amount, has been determined.


 

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