Document ID: chunk:federal_register_of_legislation:F2023L00106:reg:5
Version: federal_register_of_legislation:F2023L00106
Segment Type: reg
Provision Reference: reg 5
Character Range: 2591–3905

5  Commission to hold an inquiry
 (1) Under subsection 95H(1) of the Act, the Commission is required to hold an inquiry into the market for the supply of retail deposit products. The inquiry is not to extend to any of the following:
 (a) the supply of a good or service by a State or Territory authority;
 (b) the supply of a good or service that is an exempt supply;
 (c) the conduct of the Australian Prudential Regulation Authority or the Australian Securities and Investments Commission;
 (d) the conduct of a mortgage broker;
 (e) reviewing the operation of any Australian law (other than the Act) relating to prudential regulation, banking or the provision of credit, except as necessary to consider the matters set out in section 6.
 (2) For the purposes of subsection 95J(1), the inquiry is to be held in relation to goods and services of the following description:
 (a) retail deposit products supplied by authorised deposit-taking institutions; and
 (b) products for the provision of credit supplied by authorised deposit-taking institutions, to the extent that these products are relevant to the matters mentioned in subparagraph 6(d)(ii) of this instrument.
 (3) Under subsection 95J(2), the inquiry is not to be held in relation to the supply of goods and services by a particular person or persons.