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ASIC Corporations (Banking Code of Practice – Revocation of June 2019 Approval) Instrument 2019/1254

Authoritative Version
Other as made
This instrument revokes the Australian Securities and Investments Commission's approval of an earlier version of the Banking Code of Practice (1 July 2019 version), which ASIC had approved by way of ASIC Corporations (Approval of Banking Code of Practice) Instrument 2019/663.
Administered by: Treasury
Registered 17 Dec 2019
Tabling HistoryDate
Tabled HR04-Feb-2020
Tabled Senate04-Feb-2020
Date of repeal 01 Jan 2021
Repealed by Other
Repealing Comments Enabling provision repealed and substituted by Schedule 1, item 4 of the Financial Sector Reform (Hayne Royal Commission Response) Act 2020.
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ASIC Corporations (Banking Code of Practice – Revocation of June 2019 Approval) Instrument 2019/1254

I, Sean Hughes, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date                13 December 2019

 

Sean Hughes

 

 

Contents

Part 1—Preliminary  3

1    Name of legislative instrument 3

2    Commencement 3

3    Authority. 3

4    Definitions. 3

Part 2—Revocation  4

5    Revocation of approval of the June 2019 Banking Code of Practice. 4

 

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Banking Code of Practice – Revocation of June 2019 Approval) Instrument 2019/1254.

2        Commencement

This instrument commences on 1 March 2020.

 

3        Authority

This instrument is made under paragraph 1101A(4)(a) of the Corporations Act 2001.

4        Definitions

In this instrument:

June 2019 Banking Code of Practice means the Banking Code of Practice, published on 24 June 2019 by the Australian Banking Association Incorporated (ABN 60 117 262 978) and approved under subsection 1101A(1) of the Corporations Act 2001 by ASIC Corporations (Approval of Banking Code of Practice) Instrument 2019/663.

Part 2—Revocation

5        Revocation of approval of the June 2019 Banking Code of Practice

Approval of the June 2019 Banking Code of Practice is revoked.