Financial Sector Legislation Amendment Act (No. 1) 2003 (116 of 2003)
Schedule 2 Banking Act 1959
3 Subsection 5(1)
Insert:
senior manager of an ADI or an authorised NOHC or the Australian operations of a foreign ADI means a person who has or exercises any of the senior management responsibilities (within the meaning of the prudential standards) for the ADI or NOHC or for the Australian operations of the foreign ADI, as the case may be.
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