What this notice covers
A formal consent has been issued under the Banking Act 1959 allowing Members Banking Group Limited to sell or dispose of its business as an authorised deposit-taking institution (ADI). The notice was gazetted and came into force on 8 September 2026.
What the consent covers
The consent is specific to Members Banking Group Limited. The source does not specify the buyer, the value of the transaction, or any conditions attached to the consent.
Key actions
- If you bank with Members Banking Group Limited and want to understand how this affects your accounts, contact Members Banking Group Limited directly - the source does not provide contact details.
- The full gazette notice is available at https://www.legislation.gov.au/C2026G00596 for review of the formal consent document.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.