Document ID: chunk:federal_register_of_legislation:C2021A00005:clause:1_133czn
Version: federal_register_of_legislation:C2021A00005
Segment Type: clause
Provision Reference: sch 1 cl 133CZN
Character Range: 38830–40385

133CZN  Other constitutional bases
 (1) Independently of section 133CZM, this Part also has effect as provided by subsections (2), (3), (4) and (5).

Other constitutional bases—eligible licensees
 (2) This Part also has the effect it would have if a reference in it to an eligible licensee were expressly confined to an eligible licensee that is a corporation to which paragraph 51(xx) of the Constitution applies.
 (3) This Part also has the effect it would have if a reference in it to an eligible licensee were expressly confined to an eligible licensee acting:
 (a) in the course of; or
 (b) in relation to;
the carrying on of the business of banking, other than State banking (within the meaning of paragraph 51(xiii) of the Constitution) not extending beyond the limits of the State concerned.

Other constitutional bases—credit reporting bodies
 (4) Division 3, subsection 133CZC(2) and Division 5 also have the effect they would have if a reference in them to a credit reporting body were expressly confined to a credit reporting body that is a corporation to which paragraph 51(xx) of the Constitution applies.
 (5) Division 3, subsection 133CZC(2) and Division 5 also have the effect they would have if a reference in them to a credit reporting body were expressly confined to a credit reporting body acting:
 (a) in the course of; or
 (b) in relation to;
the carrying on of the business of banking, other than State banking (within the meaning of paragraph 51(xiii) of the Constitution) not extending beyond the limits of the State concerned.