Banking (prudential standard) determination No. 1 of 2016

Prudential Standard APS 240 Risk Management of Credit Card Activities

Banking Act 1959

 

I, Wayne Byres, delegate of APRA, under subsection 11AF(3) of the Banking Act 1959 (the Act) REVOKE Determination of Prudential Standard APS 240 Risk Management of Credit Card Activities, including Prudential Standard APS 240 – Risk Management of Credit Card Activities made under that Determination.

 

This instrument takes effect upon registration on the Federal Register of Legislation.

 

Dated: 28 April 2016

 

[Signed]

 

 

Wayne Byres

Chairman

APRA

 

 

Interpretation

In this Determination:

APRA means the Australian Prudential Regulation Authority.