Financial Sector (Shareholdings) (Auswide Bank Limited) Instrument 2025 (Cth)

Financial Sector (Shareholdings) (Auswide Bank Limited) Instrument 2025

I, Jim Chalmers, Treasurer, make the following instrument.

Dated 24 January 2025

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 Part 3—Related approvals for a subsequent transfer of business 6 Consent to voluntary transfer of business between ADIs 7 Consent to restructuring of ADIs

Part 1—Preliminary

1 Name This instrument is the Financial Sector (Shareholdings) (Auswide Bank Limited) Instrument 2025.

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Note: This table relates only to the provisions of this instrument as originally made.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) the Banking Act 1959; and (b) the Financial Sector (Shareholdings) Act 1998; and (c) the Financial Sector (Transfer and Restructure) Act 1999.

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. 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.