Australian Securities and Investments Commission Corporations (Banking Code of Practice – Revocation of June 2019 Approval) Instrument 2019/1254 (Cth)

ASIC Corporations (Banking Code of Practice – Revocation of June 2019 Approval) Instrument 2019/1254

I, Sean Hughes, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date                13 December 2019

Sean Hughes

Contents

Part 1—Preliminary

1    Name of legislative instrument

2    Commencement

3    Authority

4    Definitions

Part 2—Revocation

5    Revocation of approval of the June 2019 Banking Code of Practice

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Banking Code of Practice – Revocation of June 2019 Approval) Instrument 2019/1254.

2        Commencement

This instrument commences on 1 March 2020.

3        Authority

This instrument is made under paragraph 1101A(4)(a) of the Corporations Act 2001.

4        Definitions

In this instrument:

June 2019 Banking Code of Practice means the Banking Code of Practice, published on 24 June 2019 by the Australian Banking Association Incorporated (ABN 60 117 262 978) and approved under subsection 1101A(1) of the Corporations Act 2001 by ASIC Corporations (Approval of Banking Code of Practice) Instrument 2019/663.

Part 2—Revocation

5        Revocation of approval of the June 2019 Banking Code of Practice

Approval of the June 2019 Banking Code of Practice is revoked.