33
CurrentCommission to wind up residual banking business
Part 6Transitional matters for Motor Accidents (Compensation) Commission Act 2014
Division 2Winding up of banking business
33 Commission to wind up residual banking business
(1) If this Act commences before the banking sale date, this section does not apply until the banking sale date.
(2)
The Commission has the following functions:
(a) carrying on the residual banking business until all residual deposits have been repaid;
(b)
winding up the residual banking business.
This Act’s bill:Explanatory statementSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.