Document ID: chunk:federal_register_of_legislation:C2025C00165:section:69f:p3
Version: federal_register_of_legislation:C2025C00165
Segment Type: section
Provision Reference: s 69F (pt 3/3)
Character Range: 392550–393857

authorised NOHC were expressly limited to a reference to a subsidiary of an authorised NOHC, being a NOHC of an ADI that carries on banking business as mentioned in paragraph (b) of the banking business definition.

References to a holding company of an ADI
 (4A) This Act has, by force of this subsection, the effect it would have if the Act separately provided as mentioned in the following paragraphs:
 (a) the Act has effect as if a reference to a holding company of an ADI were expressly limited to a reference to a holding company of an ADI, being a holding company that is a corporation to which paragraph 51(xx) of the Constitution applies;
 (b) the Act has effect as if a reference to a holding company of an ADI were expressly limited to a reference to a holding company of an ADI, being a holding company that carries on banking business as mentioned in paragraph (a) of the banking business definition;
 (c) the Act has effect as if a reference to a holding company of an ADI were expressly limited to a reference to a holding company of an ADI, being a holding company that carries on banking business as mentioned in paragraph (b) of the banking business definition.

Interpretation
 (5) In this section:
banking business definition means the definition of banking business in subsection 5(1).