Revocation of authority to carry on banking business
Banking Act 1959 (‘the Act’)
To: Endeavour Mutual Bank Ltd ABN 43 087 650 011 (‘the body corporate’)
Since:
(a) on 24 May 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, Suzanne Smith, Executive General Manager, under subsection 9A(1) of the Act, REVOKE the authority.
This instrument takes effect on 1 October 2019.
Dated: 9 October 2019
[Signed]
Suzanne Smith[1]
Executive General Manager
Specialised Institutions Division
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.