Treasury Laws Amendment (Modernising Business Communications and Other Measures) Regulations 2022 (F2022L01689)

Schedule 1   ALRC Financial Services Interim Report

Part 1   Main amendments

Corporations Regulations 2001

7   Subregulation 9.12.02(6) (paragraph (a) of the definition of Australian entity)

Repeal the paragraph, substitute:

(a) an Australian ADI that is permitted under section 66 of the Banking Act 1959 to assume or use:

(i) the word bank, banker or banking; or

(ii) any other word (whether or not in English) that is of like import to a word referred to in subparagraph (i); or