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
APRA may disclose to the liquidator personal information about the fact that the account-holder has an entitlement under Subdivision C , and the amount of that entitlement, for the purpose of enabling the liquidator to decide whether to admit or reject the debt or claim in whole or in part. Information relevant to section 16AR (2)
APRA may disclose to the liquidator personal information about the account-holder for the purpose of enabling the liquidator to determine whether subsection 16AR(2) or (3) applies and, if it does, for complying with it.
Subdivision E
-
Account-holder's claims against ADI remaining after entitlement
SECTION 16AS
APRA may disclose relevant personal information to liquidator
Information about account-holder
'
s entitlement
(1)
APRA may disclose to the liquidator personal information about the fact that the account-holder has an entitlement under Subdivision C , and the amount of that entitlement, for the purpose of enabling the liquidator to decide whether to admit or reject the debt or claim in whole or in part. Information relevant to section 16AR (2)
APRA may disclose to the liquidator personal information about the account-holder for the purpose of enabling the liquidator to determine whether subsection 16AR(2) or (3) applies and, if it does, for complying with it.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.