Banking Act 1959
Part II
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Provisions relating to the carrying on of banking business
Division 2AA
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Financial claims scheme for account-holders with insolvent ADIs
Subdivision A
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Preliminary
SECTION 16AC
16AC
APRA
'
s functions relating to this Division
APRA ' s functions include:
(a) meeting entitlements under Subdivision C ; and
(b) preparing, and assisting the Minister to prepare, for the application of that Subdivision in relation to ADIs; and
(c) meeting APRA ' s other obligations under this Division and the regulations made for the purposes of this Division.
View history note
Hide history noteAPRA ' s functions include:
(a) meeting entitlements under Subdivision C ; and
(b) preparing, and assisting the Minister to prepare, for the application of that Subdivision in relation to ADIs; and
(c) meeting APRA ' s other obligations under this Division and the regulations made for the purposes of this Division.
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