Financial Accountability Regime Act 2023
37Arrangement for administration
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37 Arrangement for administration
(1) APRA and ASIC must enter into an arrangement relating to the administration of this Act. (2) The arrangement must include provisions relating to the matters (if any) specified in the Minister rules. (3) APRA and ASIC must each publish the arrangement on its website. (4) If the arrangement is not entered into within 6 months after the commencement of this Act, the Minister may, by notifiable instrument, determine arrangements between APRA and ASIC relating to the administration of this Act. (5) A failure to comply with this section does not invalidate the performance or exercise of a function or power by APRA or ASIC.