Federal Register of Legislation
Financial Sector (Shareholdings) (Suncorp‑Metway Limited) Instrument 2024
I, Jim Chalmers, Treasurer, being satisfied of the matter in paragraph 14(1)(a) of the Financial Sector (Shareholdings) Act 1998, make the following instrument.
Dated 27 June 2024
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 6 Conditions on approvals
Part 1—Preliminary
1 Name This instrument is the Financial Sector (Shareholdings) (Suncorp-Metway Limited) Instrument 2024.
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Note: This table relates only to the provisions of this instrument as originally made.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 Financial Sector (Shareholdings) Act 1998.
4 Definitions Note: Expressions have the same meaning in this instrument as in the Financial Sector (Shareholdings) Act 1998 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003. In this instrument: ABN has the meaning given by the A New Tax System (Australian Business Number) Act 1999. Australia Post means the Australian Postal Corporation. Australian Statistical Geography Standard means the Australian Statistical Geography Standard (ASGS) Edition 3, as published by the Australian Statistician on 20 July 2021. Note: The Australian Statistical Geography Standard could in 2024 be viewed on the Australian Bureau of Statistics website (https://www.abs.gov.au). banking business has the meaning given by the Banking Act 1959. Bank@Post means the services provided by Australia Post, on behalf of and as an agent for, an authorised deposit-taking institution in relation to the institution carrying on banking business in Australia, at selected offices of Australia Post, under an agreement between Australia Post and the institution. office, in relation to Australia Post, has the same meaning as in the Australian Postal Corporation Act 1989. regional area means any part of Australia that is located in the class of "Remoteness Area", as categorised under the "Remoteness Structure" (within the meaning of the Australian Statistical Geography Standard), as "Inner Regional Australia", "Outer Regional Australia", "Remote Australia" or "Very Remote Australia". regional bank branch means an office in a regional area in which an authorised deposit-taking institution carries on a part of its banking business by way of the provision of face‑to-face and other services to retail customers or potential retail customers. related body corporate has the meaning it has in section 50C of the Corporations Act 2001. the Act means the Financial Sector (Shareholdings) Act 1998. Treasury means the Department of the Treasury.
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