Treasury Laws Amendment (Financial Sector Regulation) Act 2018 (142 of 2018)

Schedule 2   Limited banking licences

Part 1   Authority to carry on banking business for a limited time

Banking Act 1959

4   Paragraph 9A(8)(b)

Repeal the paragraph, substitute:

(b) a decision to revoke a body corporate's section 9 authority, unless:

(i) APRA has determined, under subsection (4), that the procedures in subsection (3) do not apply; or

(ii) the section 9 authority is an authority that is to cease to have effect on a day specified in the authority.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).