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: 4 January 2021