Revocation of authority to carry on banking business 2026 – Australian Mutual Bank Ltd

Administered by Department of the Treasury

Legislation au C2026G00398 In force Gazette

Legislation content

Revocation of authority to carry on banking business 2026 – Australian Mutual Bank Ltd

Banking Act 1959

To: Australian Mutual Bank Ltd ABN 93 087 650 726 (the body corporate)

 

SINCE:

 

  1.             the body corporate, by notice in writing to APRA, has requested the revocation of its section 9 authority to carry on banking business in Australia (the authority); and

 

  1.             I am 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, Peter Diamond, a delegate of APRA, under subsection 9A(1) of the Banking Act 1959 (the Act), REVOKE the authority.

 

This instrument commences on the day it is made.

 

Dated: 22 June 2026

 

 

 

 

 

Peter Diamond

Executive Director

General Insurance and Banking Division

Interpretation
In this instrument:

APRA means the Australian Prudential Regulation Authority.

banking business and section 9 authority have their respective meanings given in subsection 5(1) of the Act.

Notes

APRA is required to publish notice of the revocation in the Gazette, and may also publish notice of the revocation in other ways.

Interactions

Authorises

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.