Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.45 - TRANSITIONAL PROVISIONS RELATING TO THE FINANCIAL SECTOR REFORM (HAYNE ROYAL COMMISSION RESPONSE) ACT 2020  

SECTION 1672   TRANSITIONAL - BANKING CODE OF PRACTICE  

1672(1)  
The following provisions have effect:

(a)  the Banking Code of Practice , whose approval by ASIC was registered on the Federal Register of Legislation on 18 December 2019, is taken to be approved under section 1101A , as substituted by Schedule 1 to the Financial Sector Reform (Hayne Royal Commission Response) Act 2020 ;

(b)  Division 2 of Part 7.12 , as inserted by that Schedule to that Act, applies to the Banking Code of Practice .

1672(2)  
In this section:

Banking Code of Practice
means the Banking Code of Practice , published on 12 December 2019 by the Australian Banking Association Incorporated (ABN 60 117 262 978).

Note: The Banking Code of Practice could in 2020 be viewed on the Australian Banking Association ' s website (http://www.ausbanking.org.au).


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