What this instrument covers

The federal Treasurer has approved an application to hold the transferring business of Members Banking Group Limited. This approval is recorded as Notifiable Instrument No. 22 of 2026.

Legislation and administration

The approval was made under the Financial Sector (Shareholdings) Act 1998. The instrument is administered by the Department of the Treasury.

Registration details

The instrument was registered on 7 September 2026 on the Federal Register of Legislation.

What the instrument does not specify

The source document does not identify which entity received the approval, the ownership percentage involved, or any conditions attached to the approval. This is a completed administrative approval, not a proposal or consultation.

Key actions

This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.