Revocation of authority to carry on banking business
Banking Act 1959 (‘the Act’)
To: Hunter United Employees’ Credit Union Limited ABN 68 087 650 182 (‘the body corporate’)
Since:
(a) on 8 October 2019, the body corporate requested APRA in writing, to revoke the authority granted to the body corporate under section 9 of the Act; and
(b) APRA is satisfied that the revocation of the authority would not be contrary to the national interest or the interests of depositors of the body corporate,
I, Therese McCarthy Hockey, Executive Director, under subsection 9A(1) of the Act, REVOKE the authority.
Dated: 21 May 2020
[Signed]
Therese McCarthy Hockey[1]
Executive Director
Banking
Interpretation
APRA means the Australian Prudential Regulation Authority.
banking business has the meaning given in subsection 5(1) of the Act.
APRA is required to publish this notice in the Gazette.
[1] A delegate of APRA.