Revocation of NOHC authority 2024 – IBOA Group Holdings Pty Ltd
Banking Act 1959
To: IBOA Group Holdings Pty Ltd ABN 35 631 278 736 (the body corporate)
SINCE:
- the body corporate, by notice in writing to APRA, has requested the revocation of its NOHC authority (the authority); and
- I am satisfied that the revocation of the authority would not be contrary to the national interest or the interests of depositors of any ADI that is a subsidiary of the body corporate,
I, Jane Magill, a delegate of APRA, under subsection 11AB(1) of the Banking Act 1959 (the Act), REVOKE the authority.
This instrument commences on the day it is made.
Dated: 30 September 2024
Jane Magill
Executive Director
General Insurance and Banking
Interpretation
In this instrument:
APRA means the Australian Prudential Regulation Authority.
ADI is short for authorised deposit-taking institution and has the meaning given in subsection 5(1) of the Act.
NOHC authority has the meaning 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.