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

261   Application - revocation of NOHC authority

(1) The amendments made by items 19 and 20 of this Schedule apply to a body corporate's NOHC authority, whether the authority was granted before, on or after the commencement time.

(2) The amendments made by items 19 and 20 of this Schedule apply in relation to a matter mentioned in a paragraph of subsection 11AB(2) of the new Banking Act that occurs on or after the commencement time (including such a matter that starts before the commencement time and continues on or after the commencement time).