Australian Prudential Regulation Authority Act 1998

PART 5A - GIVING INFORMATION ETC. TO ASIC  

SECTION 55D   NOTIFYING ASIC OF REASONABLE BELIEF OF MATERIAL BREACH OF ASIC PROVISIONS  

55D(1)    
Subsection (2) applies if APRA has a reasonable belief that a material breach of a legislative provision of which ASIC has the general administration may have occurred, or may be occurring.

55D(2)    
APRA must notify ASIC of that reasonable belief as soon as practicable.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.