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Contents (2008 - 49)
Retail Trading Act 2008 No 49
Current version for 14 January 2018 to date (accessed 18 July 2018 at 16:53)
Part 3A Section 14A
14A   Definitions
(1)  In this Part:
bank means an authorised deposit-taking institution (within the meaning of the Banking Act 1959 of the Commonwealth) that is authorised under that Act to use in its name:
(a)  the word “bank”, or
(b)  any other word or expression (whether or not in English) that is of like import to the word “bank”.
financial institution means a body (other than a bank) that is a body regulated by the Australian Prudential Regulation Authority pursuant to section 3 (2) (a)–(e) of the Australian Prudential Regulation Authority Act 1998 of the Commonwealth.
(2)  The regulations can exclude an authorised deposit-taking institution from the definition of bank for the purposes of this Part.