Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Act 2018 (10 of 2018)

Schedule 1   Amendment of the Banking Act 1959

Part 2   Application provisions

257   Application - conditions on section 9 authority

The amendments made by items 13 and 14 of this Schedule apply to:

(a) the imposition of new conditions on a body corporate's section 9 authority on or after the commencement time; and

(b) the variation or revocation of conditions on a body corporate's section 9 authority on or after the commencement time (even if the conditions were imposed before the commencement time); and

(c) the doing of an act on or after the commencement time, or the failure to do an act on or after the commencement time, resulting in a contravention of such a condition.