COMMONWEALTH OF AUSTRALIA
Banking Act 1959
Notice of consent under subsection 63(1)
I, MATHIAS CORMANN, Minister for Finance, Acting Assistant Treasurer, having taken the national interest into account, consent under subsection 63(1) of the Banking Act 1959 to Investec Holdings Australia Ltd effecting a reconstruction of the authorised deposit-taking institution, Investec Bank (Australia) Limited (IBAL), to extract the non-banking business assets and liabilities of IBAL and transfer them to the other members of the Investec group.
Dated 25 June 2014
MATHIAS CORMANN
Minister for Finance
Acting Assistant Treasurer