Commonwealth Consolidated Acts

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BANKING ACT 1959 - SECT 38E

Variation and revocation of non-ADI lender rules

             (1)  APRA may, in writing, vary or revoke a non-ADI lender rule.

             (2)  An instrument varying or revoking a non-ADI lender rule referred to in paragraph 38C(2)(c) has effect:

                     (a)  from the day on which the instrument is made; or

                     (b)  if the instrument specifies a later day--from that later day.



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