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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