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

Schedule 1   Amendment of the Banking Act 1959

Part 1   Main amendments

Banking Act 1959

107   Subsection 14A(1)

Omit "An ADI statutory manager has the powers and functions of the members of the board of directors of the ADI", substitute "A Banking Act statutory manager of a body corporate has the powers and functions of the members of the board of directors of the body corporate".