Document ID: chunk:federal_register_of_legislation:F2016L01901:reg:8
Version: federal_register_of_legislation:F2016L01901
Segment Type: reg
Provision Reference: reg 8
Character Range: 5564–6121

8  Accounts that are not protected accounts
  For the purposes of subsection 5(7) of the Act, the following accounts are prescribed:
 (a) accounts kept at a foreign branch of an ADI;
 (b) credit balances on credit card facilities or other loans;
 (c) purchased payment facilities (within the meaning of the Payment Systems (Regulation) Act 1998);
 (d) pre‑paid card facilities or similar products;
 (e) nostro accounts and vostro accounts of foreign corporations that carry on banking business or otherwise provide financial services in a foreign country.