Approval to hold a stake in a financial sector company of more than 15% - volt Corporation Limited

Approval to hold a stake in a financial sector company of more than 15%

Financial Sector (Shareholdings) Act 1998

SINCE:

A. volt Corporation Limited ACN 622 084 959 and the persons named in the attached Schedule (the applicants) have applied to the Treasurer under section 13 of the Financial Sector (Shareholdings) Act 1998 (the Act) for approval to hold a 100% stake in volt bank limited ACN 622 375 722 (the company), which is a financial sector company under the Act; and
 

B. I am satisfied that it is in the national interest to approve the applicants holding a stake in the company of more than 15%,

I, Mark Adams, a delegate of the Treasurer, under section 14 of the Act, APPROVE the applicants holding a 100% stake in the company.

This approval has effect from the date it is signed and remains in force indefinitely.

Dated:    7 May 2018

[Signed]

Mark Adams

Executive General Manager

Specialised Institutions Division

Schedule - the person(s) who applied for approval