Document ID: chunk:federal_register_of_legislation:F2022N00221:reg:6
Version: federal_register_of_legislation:F2022N00221
Segment Type: reg
Provision Reference: reg 6
Character Range: 4481–5120

6  The restructure arrangement
 (1) A restructure arrangement is used in this Part in the same way it is used in subsection 36B(1) of the Financial Sector (Transfer and Restructure) Act 1999.
 (2) The restructure arrangement covered by this Part involves the Australia and New Zealand Banking Group Limited (ABN 11 005 357 522), an ADI, entering into an arrangement, to be approved by an order of the Court under subsection 411(4) of the Corporations Act 2001, that would result in the Australia and New Zealand Banking Group Limited becoming a subsidiary of ANZ Group Holdings Limited (ACN 659 510 791), a non-operating holding company.