House of Representatives

Financial Sector Legislation Amendment (Enhancing Supervision and Enforcement) Bill 2009

Explanatory Memorandum

(Circulated by the authority of the Assistant Treasurer, the Hon Chris Bowen MP)


The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
ADI Authorised deposit-taking institution
APRA Australian Prudential Regulation Authority
APRA Act Australian Prudential Regulation Authority Act 1998
Banking Act Banking Act 1959
Corporations Act Corporations act 2001
Federal Court Federal Court of Australia
Government The Australian Government
Insurance Act Insurance Act 1973
Life Insurance Act Life Insurance Act 1995
SIS Act Superannuation Industry (Supervision) Act 1993

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