Document ID: chunk:federal_register_of_legislation:C2018A00010:clause:1_250
Version: federal_register_of_legislation:C2018A00010
Segment Type: clause
Provision Reference: sch 1 cl 250
Character Range: 104487–105491

250  After subsection 69F(4)
Insert:

References to a holding company of an ADI
 (4A) This Act has, by force of this subsection, the effect it would have if the Act separately provided as mentioned in the following paragraphs:
 (a) the Act has effect as if a reference to a holding company of an ADI were expressly limited to a reference to a holding company of an ADI, being a holding company that is a corporation to which paragraph 51(xx) of the Constitution applies;
 (b) the Act has effect as if a reference to a holding company of an ADI were expressly limited to a reference to a holding company of an ADI, being a holding company that carries on banking business as mentioned in paragraph (a) of the banking business definition;
 (c) the Act has effect as if a reference to a holding company of an ADI were expressly limited to a reference to a holding company of an ADI, being a holding company that carries on banking business as mentioned in paragraph (b) of the banking business definition.