Financial Sector (Shareholdings) (Greater Bank Limited) Instrument 2022 I, Jim Chalmers, Treasurer, make the following instrument. Dated 20 September 2022 Dr Jim Chalmers Treasurer Contents Part 1—Preliminary 1 Name 2 Commencement 3 Authority 4 Definitions Part 2—Approvals to exceed 20% shareholding limit 5 Approval of application for transfer of business Part 3—Related approvals for transfer of business 6 Consent to the voluntary transfer of business between ADIs 7 Consent to the restructuring of ADIs Part 1—Preliminary 1 Name This instrument is the Financial Sector (Shareholdings) (Greater Bank Limited) Instrument 2022. 2 Commencement (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms. Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this instrument The day after this instrument is registered. Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument. (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument. 3 Authority This instrument is made under the following: (a) Banking Act 1959; and (b) Financial Sector (Shareholdings) Act 1998; and (c) Financial Sector (Transfer and Restructure) Act 1999; and (d) Financial Sector (Transfer and Restructure) Regulations 2018. 4 Definitions Note: Paragraph 13(1)(b) of the Legislation Act 2003 has the effect that expressions have the same meaning in this instrument as in the Financial Sector (Shareholdings) Act 1998 as in force from time to time. In this instrument: ABN has the meaning given by the A New Tax System (Australian Business Number) Act 1999. ADI (authorised deposit taking institution) means a body corporate that is an ADI for the purposes of the Banking Act 1959. the Act means the Financial Sector (Shareholdings) Act 1998. Part 2—Approvals to exceed 20% shareholding limit 5 Approval of application for transfer of business (1) Under paragraph 14(1)(a) of the Act, as modified by section 8 of the Financial Sector (Transfer and Restructure) Regulations 2018, approval is granted to the Newcastle Permanent Building Society Limited (ABN 96 087 651 992) to hold more than 20% of the gross assets and liabilities of Greater Bank Limited (ABN 88 087 651 956). (2) The approval is to hold up to 100% of the gross assets and liabilities of Greater Bank Limited. (3) The approval granted under subsection (1) remains in force until repealed or otherwise revoked. Part 3—Related approvals for transfer of business 6 Consent to the voluntary transfer of business between ADIs Under paragraph 11(1)(e) of the Financial Sector (Transfer and Restructure) Act 1999, consent is given to the transfer of business from Greater Bank Limited (ABN 88 087 651 956) to Newcastle Permanent Building Society Limited (ABN 96 087 651 992). 7 Consent to the restructuring of ADIs Under subsection 63(1) of the Banking Act 1959, consent is given to Greater Bank Limited (ABN 88 087 651 956) to enter into an arrangement or agreement for the sale or disposal of its business to Newcastle Permanent Building Society Limited (ABN 96 087 651 992).