Prudential Standard definition

Prudential Standard. ’ means a standard prescribed by the Prudential Authority under section 63;
Prudential Standard means formal rules, bench marks and regulations set by the Central Bank;
Prudential Standard means formal rules, bench marks and regulations set

Examples of Prudential Standard in a sentence

  • Where this Prudential Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.

  • Terms that are defined in Prudential Standard APS 001 Definitions appear in bold the first time they are used in this Prudential Standard.

  • An exercise of APRA’s discretion (such as an approval, waiver or direction) under a previous version of this Prudential Standard continues to have effect as though exercised pursuant to a corresponding power (if any) exercisable by APRA under this Prudential Standard.

  • This Prudential Standard is made under section 11AF of the Banking Act 1959(Banking Act).

  • Where this Prudential Standard provides for APRA to exercise a power or discretion, the power or discretion is to be exercised in writing.


More Definitions of Prudential Standard

Prudential Standard means a standard under section 11AF.
Prudential Standard means a prudential standard approved by the registrar pursuant to section 13-1;
Prudential Standard means the standards approved providers are required to comply with in Division 3 of Part 4 of these Principles.
Prudential Standard means a standard determined byAPRA under section 32 of the Insurance Act 1973 .
Prudential Standard means a standard determined byAPRA under section 32.
Prudential Standard means a standard determined by APRA under
Prudential Standard means a Prudential Standard issued by APRA