Document ID: chunk:federal_register_of_legislation:C2025C00165:section:5:p2
Version: federal_register_of_legislation:C2025C00165
Segment Type: section
Provision Reference: s 5 (pt 2/6)
Character Range: 22287–25081

and one or more amounts in penalty units are set out at the foot of the subsection (or section); or
 (b) another provision of this Act specifies that the subsection (or section) is a civil penalty provision.
Note: Schedule 2 deals with contraventions of civil penalty provisions, and treats people who are involved in various ways in such a contravention as if they had contravened the provision concerned.
covered bond has the meaning given by subsection 26(1).
covered bond liabilities has the meaning given by subsections 26(4) and (5).
covered bond special purpose vehicle has the meaning given by subsection 26(1).
covered financial product has the meaning given by subsection (8).
cover pool has the meaning given by subsection 26(3).
declaration time for an ADI means the time the ADI becomes a declared ADI.
declared ADI means an ADI specified in a declaration under section 16AD as an ADI in relation to which Subdivision C of Division 2AA of Part II applies.
direction under this Act means a direction under any of the following provisions:
 (a) section 11CA;
 (b) section 11CC;
 (c) section 13E;
 (d) section 17;
 (e) section 23;
 (f) section 29;
 (g) section 31F.
external administrator means any of the following:
 (a) a liquidator;
 (b) a receiver, manager, managing controller, receiver and manager or other controller (other than a Banking Act statutory manager);
 (c) a voluntary administrator or administrator of a deed of a company arrangement or a scheme manager.
Expressions used in this definition have the same meanings as they have in the Corporations Act 2001.
Finance Minister means the Minister who administers the Public Governance, Performance and Accountability Act 2013.
Financial Claims Scheme Special Account has the same meaning as in the Australian Prudential Regulation Authority Act 1998.
financial market has the same meaning as in Chapter 7 of the Corporations Act 2001.
Financial System Stability Special Account means the Financial System Stability Special Account established by section 70E.
foreign ADI means a body corporate that:
 (a) is a foreign corporation within the meaning of paragraph 51(xx) of the Constitution; and
 (b) is authorised to carry on banking business in a foreign country; and
 (c) has been granted an authority under section 9 to carry on banking business in Australia.
holding company, of a body corporate, means another body corporate of which the first body corporate is a subsidiary.
industry support contract means a contract under which emergency financial support is to be provided by parties to the contract to any ADI that is a party to the contract if a specified event occurs. The contract may also deal with matters associated with the provision of the financial support.
insolvent, in relation to a body corporate,