Commonwealth Numbered Acts

GUARANTEE OF LENDING TO SMALL AND MEDIUM ENTERPRISES (CORONAVIRUS ECONOMIC RESPONSE PACKAGE) ACT 2020 (NO. 29, 2020) - SECT 4

                   In this Act:

"constitutional corporation " means a corporation to which paragraph 51(xx) of the Constitution applies.

"financial institution " means:

                     (a)  a body corporate that is an ADI for the purposes of the Banking Act 1959 ; or

                     (b)  a non-ADI lender (within the meaning of the Banking Act 1959 ).

"legislative rules " means rules made under section 8.

"SME entity " has the meaning given by the legislative rules.