Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Act 2018 (5 of 2018)

Schedule 1   The Banking Executive Accountability Regime

Part 2   Other amendments

Banking Act 1959

10   Subsection 5(1)

Insert:

large ADI means an ADI of a kind determined under paragraph 37G(3)(a).

medium ADI means an ADI of a kind determined under paragraph 37G(3)(b).

non-ADI holding company , of another body corporate, means a body corporate (other than an ADI) of which the other body corporate is a subsidiary.

remuneration , of an accountable person, includes the meaning given by subsection 37E(3).

small ADI means an ADI of a kind determined under paragraph 37G(3)(c).

variable remuneration has the meaning given by section 37EA.