ASIC Corporations (Approval of February 2025 Banking Code of Practice) Instrument 2024/523
The Australian Securities and Investments Commission makes the following legislative instrument.
Date 26 June 2024
The common seal of the Australian )
Securities and Investments Commission )
was affixed in accordance with a decision )
of the Australian Securities and Investments )
Commission made on 25 June 2024. )
and affixed by: in the presence of:
…………………………………….. ………………………………….
Hsiao-Ni (Sharni) Axtens Michael Santos
Commission Secretary Senior Adviser
Part 1—Preliminary
1 Name of legislative instrument
This is the ASIC Corporations (Approval of February 2025 Banking Code of Practice) Instrument 2024/523.
2 Commencement
This instrument commences on 28 February 2025.
3 Authority
This instrument is made under subsection 1101A(1) of the Corporations Act 2001.
4 Definitions
In this instrument:
February 2025 Banking Code of Practice means the Banking Code of Practice provided to ASIC by the Australian Banking Association Limited (ABN 60 117 262 978) on 24 June 2024.
Note: The February 2025 Banking Code of Practice will be available on the website of the Australian Banking Association Limited shortly after this instrument is made. The February 2025 Banking Code of Practice, under its terms, takes effect from 28 February 2025.
Part 2—Approval
5 Approval of February 2025 Banking Code of Practice
The February 2025 Banking Code of Practice is approved.