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.