1Banking (Exemption) No. 1 of 2012

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Banking (Exemption) No. 1 of 2012

Banking Act 1959

I, Charles Watts Littrell, a delegate of APRA, under subsection 11(4) of the Banking Act 1959 (the Act), REVOKE Banking (Exemption) Order No 104 made by APRA on 18 August 2005 under subsections 11(1) and (4) of the Act.

This instrument takes effect when it is registered on FRLI.

Dated 31 January 2012

[signed]

………………………

Charles Watts Littrell

Executive General Manager

Policy, Research and Statistics Division

Interpretation

In this instrument

APRA means the Australian Prudential Regulation Authority.

FRLI means the Federal Register of Legislative Instruments established under the Legislative Instruments Act 2003.

Note 1 Under subsection 11(1) of the Act, APRA may, in writing, determine that any or all of the provisions referred to in subsection 11(1) do not apply to a person while the determination is in force.

Note 2 Under subsection 11(4) of the Act, APRA may, in writing, vary or revoke a determination made under section 11.