Australian Banking Act definition

Australian Banking Act means the Banking Act 1959 of Australia;
Australian Banking Act means the Banking Xxx 0000 of Australia, as amended or any successor act.
Australian Banking Act means the Banking Act 1959 of the Commonwealth of Australia;

Examples of Australian Banking Act in a sentence

  • The Securities will be the Bank’s direct, unconditional, unsubordinated and unsecured obligations and will rank equally among themselves and with all of the Bank’s other unsecured and unsubordinated obligations from time to time outstanding (except such obligations as are preferred by law, including, but not limited to sections 13A and 16 of the Australian Banking Act and Section 86 of the Reserve Bank Act 1959 of Australia).

  • The Australian Covered Bonds are neither “protected accounts” nor “deposit liabilities” within the meaning of the Australian Banking Act.

  • The Covered Bonds of this Series are not protected accounts or deposit liabilities of the Issuer for the purposes of the Australian Banking Act.

  • The depositary shares are not Deposit Liabilities under the Australian Banking Act.

  • An investment in any Debt Instruments issued by the Issuer will not be covered by the depositor protection provisions in section 13A of the Australian Banking Act and will not be covered by the Australian Government’s bank deposit guarantee (also commonly referred to as the Financial Claims Scheme).

  • Additionally, Australia and New Zealand Banking Group Limited may not provide material financial support in breach of the Australian Banking Act (1959).

  • The Notes are not Deposit Liabilities under the Australian Banking Act.

  • Debt Instruments that are offered for issue or sale or transferred in, or into, Australia are offered only in circumstances that would not require disclosure to investors under Parts 6D.2 or 7.9 of the Corporations Act and issued and transferred in compliance with the terms of the exemption from compliance with section 66 of the Australian Banking Act that is available to the Issuer.

  • The Securities will be the Bank’s direct, unconditional, unsubordinated and unsecured obligations and will rank equally among themselves and with all of the Bank’s other unsecured and unsubordinated obligations from time to time outstanding (except such obligations as are preferred by law, including, but not limited to sections 13A and 16 of the Australian Banking Act and Section 86 of the Reserve Bank Xxx 0000 of Australia).

  • Neither the Issuer nor the Guarantor is a bank or an authorised deposit-taking institution authorised to carry on banking business under the Banking Act 1959 of the Commonwealth of Australia (the "Australian Banking Act") nor are either of them supervised by the Australian Prudential Regulation Authority.


More Definitions of Australian Banking Act

Australian Banking Act means the Banking Act 1959 of Australia; "Australian Corporations Act" means the Corporations Act 2001 of Australia; "Australian Dollars" and "A$" mean the lawful currency of Australia;
Australian Banking Act means the Banking Act 1959 (Cth) of Australia;
Australian Banking Act means the Banking Xxx 0000 of Australia, as amended.

Related to Australian Banking Act

  • Australian Corporations Act means the Corporations Act 2001 of Australia;

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Australian Consumer Law means Schedule 2 of the Competition and Consumer Act 2010 (Cth);

  • Federal banking agencies means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration, and the Federal Deposit Insurance Corporation.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.