Examples of Banking Act 1959 in a sentence
For the avoidance of doubt, the Subordinated Notes do not constitute deposit liabilities in Australia or protected accounts for the purpose of, or otherwise benefit from a priority under the Banking Act 1959 or the Reserve Bank Act 1959.
If you do not operate your At Call Deposit by making a deposit or withdrawal for 7 years (or another period specified under the Banking Act 1959 (Cth)) and the At Call Deposit has a balance of AUD500 or more, ANZ may be required by law to send the funds to the Australian Government as unclaimed money.
The Subordinated Notes do not constitute deposit liabilities in Australia or protected accounts for the purpose of, or otherwise benefit from a priority under the Banking Act 1959 or the Reserve Bank Act 1959 and are not guaranteed or insured by the Australian Government or under any compensation scheme of the Australian Government, or by any other government, under any other compensation scheme or by any government agency or any other party.
You must ensure that the Funds are held in an account in Your name and which You control, with an authorised deposit-taking institution authorised under the Banking Act 1959 (Cth) to carry on banking business in Australia.
Other ADI means the authorised deposit-taking institution (as defined in the Banking Act 1959 Cth) of the unintended recipient.
Item 10 is a consequential amendment, amending subsection 69(3) of the Banking Act 1959 to remove the reference to regulations under subsection (3A).
The Issuer does not make any representation as to whether the Instruments constitute deposit liabilities in Australia or protected accounts for the purpose of, or otherwise benefit from a priority under the Banking Act 1959 or the Reserve Bank Act 1959.
ANZ is a member of ANZBGL’s group but is not an authorised deposit-taking institution under the Banking Act 1959 of Australia.
A Participant should request the form of these documents from Counterparty Risk Assessment.A Participant that is a foreign ADI as that term is defined in the Banking Act 1959 must prepare its financial statements in accordance with the accounting standards applicable to the foreign ADI in its home jurisdiction.Form of auditor’s report acceptable to ASX ClearThe form of the auditor’s report on financial information is set out in Annexure 4.4.3-1.
Emirates NBD PJSC is not a bank nor an authorised deposit-taking institution which is authorised under the Banking Act 1959 of Australia (“Banking Act”).