CTHIn ForceAct
Banking Act 1959
11BAPRA to monitor prudential matters
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11B APRA to monitor prudential matters
The functions of APRA include: (a) the collection and analysis of information in respect of prudential matters relating to ADIs and authorised NOHCs; (b) the encouragement and promotion of the carrying out by ADIs and authorised NOHCs of sound practices in relation to prudential matters; and (c) the evaluation of the effectiveness and carrying out of those practices.