Document ID: chunk:federal_register_of_legislation:C2018A00142:clause:2_9f
Version: federal_register_of_legislation:C2018A00142
Segment Type: clause
Provision Reference: sch 2 cl 9F
Character Range: 29472–30289

9F  Authority to carry on banking business in Australia for a limited time—continuation after expiry
 (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, give the body corporate a written notice stating that the authority continues in effect, on and after the expiry day, in relation to a specified matter or specified period for the purposes of:
 (a) a specified provision of this Act or the regulations; or
 (b) a specified provision of another law of the Commonwealth that is administered by APRA; or
 (c) a specified provision of the prudential standards;
and the statement has effect accordingly.

Part 2—Miscellaneous amendments

Banking Act 1959