Commonwealth Consolidated Acts Commonwealth Consolidated ActsAggregated issuing of covered bonds
(1) Two or more ADIs may enter into an arrangement with another entity (the aggregating entity ) under which the aggregating entity issues bonds, notes or other debentures secured by covered bonds issued by each of the ADIs to the aggregating entity.
(2) The regulations may prescribe other arrangements that may be
entered into by 2 or more ADIs for the purposes of issuing or dealing with
covered bonds.