Document ID: chunk:federal_register_of_legislation:C2025C00165:section:9e
Version: federal_register_of_legislation:C2025C00165
Segment Type: section
Provision Reference: s 9E
Character Range: 48785–49410

9E  Authority to carry on banking business in Australia for a limited time—extension
 (1) This section applies to a body corporate's section 9 authority if the authority is to cease to have effect on a day (the expiry day) specified in the authority.
 (2) APRA may, at any time before the expiry day, vary the authority to change the expiry day to a later day.
 (3) If APRA does so, APRA must:
 (a) give written notice to the body corporate; and
 (b) ensure that notice that the variation has been made is published in the Gazette.
 (4) A failure to comply with subsection (3) does not affect the validity of the variation.