Banking Act 1959
A non-ADI lender rule is revoked at the end of the period of 2 years beginning on the day the rule is made. (2)
If, at any time during that period, APRA considers that the conditions in subsection 38C(1) still apply in relation to the non-ADI lender rule, APRA may, by written instrument, extend (or further extend) the period for a period of 2 years beginning on the day the instrument is made.
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