CTHIn ForceAct
Banking Act 1959
9FAuthority to carry on banking business in Australia for a limited time—continuation after expiry
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#### 9F Authority to carry on banking business in Australia for a limited time—continuation after expiry
(1) This section applies to a body corporate’s section 9 authority if the authority is to cease to have effect on a day (the expiry day) specified in the authority.
(2) APRA may, at any time before the expiry day, give the body corporate a written notice stating that the authority continues in effect, on and after the expiry day, in relation to a specified matter or specified period for the purposes of:
(a) a specified provision of this Act or the regulations; or
(b) a specified provision of another law of the Commonwealth that is administered by APRA; or
(c) a specified provision of the prudential standards;
and the statement has effect accordingly.