Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Act 2018 (10 of 2018)

Schedule 1   Amendment of the Banking Act 1959

Part 2   Application provisions

259   Saving - conditions on NOHC authority

(1) A condition in effect under subsection 11AA(3) of the old Banking Act is taken to be in effect on and after the commencement time under section 11AAA of the new Banking Act.

(2) To avoid doubt, this item does not prevent the variation or revocation of a condition on or after the commencement time.