Part 8Miscellaneous
Trans-Tasman co-operation
438Interpretation in this subpart
In this subpart,—
action that is likely to have a detrimental effect on financial system stability in Australia includes an action that prevents or interferes with any outsourcing arrangement
authorised deposit-taking institution has the same meaning as in section 5(1) of the Banking Act 1959 (Aust)
outsourcing arrangement means an arrangement for business, or functions relating to any business, of an authorised deposit-taking institution to be carried on by a person other than that authorised deposit-taking institution.
Compare
- 1989 No 157 s 67A


