House of Representatives
Treasury Laws Amendment (Financial Sector Regulation) Bill 2018
Treasury Laws Amendment (Financial Sector Regulation) Act 2018
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)Glossary
The following abbreviations and acronyms are used throughout this Explanatory Memorandum.
Abbreviation | Definition |
ADI | Authorised Deposit-taking Institution |
APRA | Australian Prudential Regulation Authority |
BILL | Treasury Laws Amendment (Financial Sector Regulation) Bill 2018 |
FSSA | Financial Sector (Shareholdings) Act 1998 |
Restricted ADI | A Restricted ADI is an ADI that holds a Restricted ADI licence |
Restricted ADI licence | Authorisation under section 9 of the Banking Act to conduct banking business for a limited period with specific requirements and restrictions |
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