Summary
Introduced with the Financial Accountability Regime Bill 2023, Treasury Laws Amendment (Financial Services Compensation Scheme of Last Resort) Bill 2023, Financial Services Compensation Scheme of Last Resort Levy Bill 2023 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2023, the bill amends: 12 Acts to make amendments consequential on the new financial accountability regime; and the
Australian Prudential Regulation Authority Act 1998
and
Banking Act 1959
to make amendments consequential on the end of the banking executive accountability regime.