Cash Distribution Framework Act 2026
124Consultation
Start here
Get a plain-English read of 124
Turn the raw legal text into a practical explanation grounded in Cash Distribution Framework Act 2026.
124 Consultation
(1) Subject to subsection (2), the Reserve Bank must, before making a determination under subsection 118(1) or (2) or 119(1) or (2), consult with the ACCC.
(2) The Reserve Bank does not have to consult with the ACCC in relation to the making of a determination under subsection 118(1) or (2) or 119(1) or (2) if the ACCC has notified the Reserve Bank, in writing, that it does not wish to be consulted about:
(a) the transfer concerned; or
(b) a class of transfers that includes that transfer.