26Consultation about making the determination

26 Consultation about making the determination

(1) In deciding whether to make a compulsory transfer determination, APRA may consult with any or all of the following: (a) officers or employees of the States and Territories; (b) the Reserve Bank of Australia; (c) any other person or body that APRA considers should be consulted. (2) Subject to subsections (3) and (4), in deciding whether to make a compulsory transfer determination, APRA must consult with: (a) the Australian Competition and Consumer Commission; and (b) the Australian Securities and Investments Commission. (3) APRA does not have to consult with the Australian Competition and Consumer Commission in relation to the making of a compulsory transfer determination if the Commission has notified APRA, 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. (4) APRA does not have to consult with the Australian Securities and Investments Commission in relation to the making of a compulsory transfer determination if the Commission has notified APRA, 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.