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Australian Prudential Regulation Authority Act 1998
9APRA’s functions
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9 APRA’s functions
APRA has the following functions:
(a) the functions conferred on it by or under this Act or any other law of the Commonwealth;
(b) the functions conferred on it by or under any law of a State or Territory in accordance with subsection 9A(1);
(c) the function of providing prudential regulation or advice services under agreements entered into in accordance with subsection 9A(2).