Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 (44 of 1999)

Schedule 6   Miscellaneous amendments

High Court of Australia Act 1979

21   Subsection 4(1)

Insert:

ADI (authorised deposit-taking institution) means:

(a) the Reserve Bank of Australia; or

(b) a body corporate that is an ADI for the purposes of the Banking Act 1959 and that is approved in writing for the purposes of the provision in which the expression occurs:

(i) by the Treasurer; or

(ii) by a person authorised in writing by the Treasurer to give the approval; or

(c) any other bank approved in writing for the purposes of the provision in which the expression occurs:

(i) by the Treasurer; or

(ii) by a person authorised in writing by the Treasurer to give the approval.