The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.F.50 Financial institution


A financial institution means:

  • an authorised deposit-taking institution, or
  • the Reserve Bank of Australia, or
  • a person who carries on State banking within the meaning of paragraph 51(xiii) of the Constitution.

Act reference: PPLAct section 6 The Dictionary

Policy reference: PPL Guide 1.1.A.130 Authorised deposit-taking institution (ADI)

Last reviewed: