Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007 (154 of 2007)
Schedule 1 Streamlining prudential regulation
Part 1 Amendments commencing on Royal Assent
Banking Act 1959
19 After subsection 11AF(7)
(7A) The following instruments made under this section are not legislative instruments:
(a) a standard referred to in paragraph (1)(d);
(b) an instrument varying or revoking a standard referred to in paragraph (1)(d).
(7B) Otherwise, an instrument made under this section is a legislative instrument.