Banking Act 1959

Part II - Provisions relating to the carrying on of banking business  

Division 1BA - APRA's power to issue directions  

Subdivision B - Directions to enforce certified industry support contracts  

SECTION 11CB   APRA may certify an industry support contract  

(1)    
APRA may certify an industry support contract if all of the parties to the contract make a written request to APRA that the contract be certified and APRA considers it appropriate to certify the contract. The certification must be by notice in writing to the parties to the contract.

(2)    


Part VI applies to a refusal under this section to certify an industry support contract.

 

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