Explanatory Memorandum
(Circulated by authority of the Minister for Financial Services and Regulation, the Honourable J.B. Hockey, MP)2 Abbreviations
The following abbreviations are used in this explanatory memorandum.
| ADI | - Authorised Deposit-taking Institution |
| AFIC | - Australian Financial Institutions Commission |
| APRA | - Australian Prudential Regulation Authority |
| APRA Act | - Australian Prudential Regulation Authority Act 1998 |
| ASIC | - Australian Securities and Investments Commission |
| ASIC Act | - Australian Securities and Investments Commission Act 1989 |
| Banking Act | - Banking Act 1959 |
| CCWPSBL | - Cairns Cooperative Weekly Penny Savings Bank Limited |
| FI Code | - Financial Institutions Code of a State or Territory |
| FS Code | - Friendly Societies Code of a State or Territory |
| Life Insurance Act | - Life Insurance Act 1995 |
| LIASB | - Life Insurance Actuarial Standards Board |
| National Health Act | - National Health Act 1953 |
| NOHC | - Non-Operating Holding Company |
| RBA | - Reserve Bank of Australia |
| Reserve Bank Act | - Reserve Bank Act 1959 |
| RSA | - Retirement Savings Account |
| SSA | - State Supervisory Authority |
| Tax Act | - Income Tax Assessment Act 1936 |