Advanced Search

Banking exemption No. 2 of 2006

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Banking exemption No. 2 of 2006
Banking Act 1959
 
I, Thomas Karp, a delegate of APRA, under subsection 11(4) of the Banking Act 1959 (the Act), VARY Banking exemption No. 1 of 2006, made on 26 June 2006, as specified in the attached Schedule.
 
Under paragraph 12(1)(d) of the Legislative Instruments Act 2003 (the LIA), this instrument comes into effect the first moment of the day following the day when it is registered under the LIA.
 
Dated  6 October 2006
 
 
[signed]
 
Thomas Karp
Executive General Manager
Supervisory Support Division
Interpretation
In this Notice
APRA means the Australian Prudential Regulation Authority.
 
 
Schedule
 
1.         Schedule 1 to Banking exemption No. 1 of 2006 is varied by inserting in its proper numerical position in that Schedule “Banking exemption order No. 73”.
 
2.         Schedule 2 to Banking exemption No. 1 of 2006 is varied by inserting in that Schedule:
(a)                “, the Development Fund, The Uniting Church in Australia Property Trust (Victoria) and the Funeral Fund” after “UCA Funds (incorporating UCA Cash Management Fund Limited, UCA Growth Fund Limited, Uniting Growth Fund Limited”;
(b)               a new dot point “Diocesan Development Fund (Diocese of Armidale)” after “Wangaratta Anglican Development Fund”;
(c)                a new dot point “UCA – Investment Fund (Presbytery of Canberra Region)” after “Uniting Financial Services (incorporating The Uniting Church (NSW) Trust Association Limited, The Uniting Church in Australia Property Trust (NSW), the Funeral Fund and the Self-Help Fund)”; and
(d)               a new dot point “Uniting Church in Australia Synod of Western Australia Uniting Church Investment Fund” after “UCA – Investment Fund (Presbytery of Canberra Region)”.