Consent to sale or disposal of business of an ADI 2026 – iN1Bank Limited

 Banking Act 1959                                        

To: in1Bank Limited ABN 62 627 541 011 (the ADI) SINCE:

1.             the ADI is an ADI that is not a foreign ADI;
2.             the ADI proposes to enter into an arrangement or agreement for the sale or disposal of its business (by amalgamation or otherwise) to another ADI, Commonwealth Bank of Australia ABN 48 123 123 124, as described in the schedule (the arrangement or agreement); and

1.             I have taken the national interest into account,

I, Bernadette Donovan, a delegate of the Treasurer, under subsection 63(1) of the Banking Act 1959 (the Act), CONSENT to the arrangement or agreement.

Dated: 16 March 2026

Bernadette Donovan General Manager (Acting)

General Insurance and Banking Division

Interpretation

In this instrument:

APRA means the Australian Prudential Regulation Authority.

foreign ADI has the meaning given in subsection 5(1) of the Act.

Notes

The Treasurer, or the Treasurer’s delegate, is required to publish this instrument in the Gazette.

Schedule – arrangement or agreement

An arrangement for a voluntary partial transfer of business under the Financial Sector (Transfer and Restructure) Act 1999.

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