Banking Act 1959

Part II - Provisions relating to the carrying on of banking business  

Division 2AA - Financial claims scheme for account-holders with insolvent ADIs  

Subdivision A - Preliminary  

SECTION 16AC   16AC   APRA ' s functions relating to this Division  


APRA ' s functions include:


(a) meeting entitlements under Subdivision C ; and


(b) preparing, and assisting the Minister to prepare, for the application of that Subdivision in relation to ADIs; and


(c) meeting APRA ' s other obligations under this Division and the regulations made for the purposes of this Division.




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