Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 (25 of 2008)
Schedule 2 Direction powers
Banking Act 1959
4 After subsection 11CA(4A)
Insert:
(4B) APRA may, by notice in writing to the body corporate, vary the direction if, at the time of the variation, it considers that the variation is necessary and appropriate.
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