Document ID: chunk:federal_register_of_legislation:C2024C00373:section:5:p5
Version: federal_register_of_legislation:C2024C00373
Segment Type: section
Provision Reference: s 5 (pt 5/7)
Character Range: 14381–17083

basis of the obligation if the obligation is properly established.
receiving body has the same meaning as in the Business Transfer Act.
regulated body means a body corporate that is any of the following:
 (a) an ADI;
 (b) a general insurer;
 (c) a life company;
 (d) an authorised NOHC (within the meaning of the Banking Act 1959);
 (e) an authorised NOHC (within the meaning of the Insurance Act 1973);
 (f) a registered NOHC (within the meaning of the Life Insurance Act 1995);
 (g) a subsidiary of a body corporate mentioned in paragraph (a), (b), (c), (d), (e) or (f);
 (h) a private health insurer within the meaning of the Private Health Insurance (Prudential Supervision) Act 2015.
regulated business:
 (a) in relation to an ADI—means the ADI's banking business (within the meaning of the Banking Act 1959); and
 (b) in relation to a general insurer—means the general insurer's insurance business (within the meaning of the Insurance Act 1973); and
 (c) in relation to a life company—means the life company's life insurance business (within the meaning of the Life Insurance Act 1995).
related body corporate, in relation to a body corporate, means a body corporate that is related to the first‑mentioned body, as determined in accordance with section 5AA.
Reserve Bank means the Reserve Bank of Australia.
resolution period has the meaning given by section 15A.
settling participant in a payment or settlement system means a participant who, under the operating rules for the system, can settle transactions through the system on their own behalf and for other participants.
specified moratorium provision: each of the following is a specified moratorium provision:
 (a) section 15BA of the Banking Act 1959;
 (b) section 15BB of the Banking Act 1959;
 (c) section 15BC of the Banking Act 1959;
 (d) section 62PA of the Insurance Act 1973;
 (e) section 62PB of the Insurance Act 1973;
 (f) section 62PC of the Insurance Act 1973;
 (g) section 62ZOS of the Insurance Act 1973;
 (h) section 62ZOT of the Insurance Act 1973;
 (j) section 62ZOU of the Insurance Act 1973;
 (k) section 161A of the Life Insurance Act 1995;
 (l) section 161B of the Life Insurance Act 1995;
 (m) section 161C of the Life Insurance Act 1995;
 (n) section 179AS of the Life Insurance Act 1995;
 (o) section 179AT of the Life Insurance Act 1995;
 (p) section 179AU of the Life Insurance Act 1995.
specified provisions means:
 (a) subsections 11CD(2) and (3), section 11F and subsection 13A(3) of the Banking Act 1959; and
 (aa) subsections 105(2) and (3) of the Insurance Act 1973; and
 (b) section 187 and subsections 230C(2) and (3) of the Life Insurance Act 1995; and
 (c) section 86 of the Reserve Bank Act 1959; and