Overview
The Treasurer has approved an application under the Financial Sector (Shareholdings) Act 1998 for a party to hold the transferring business of Members Banking Group Limited. The approval is recorded as Notifiable Instrument No. 22 of 2026 on the Federal Register of Legislation.
Registration details
- Instrument title: Approval to Hold the Transferring Business of a Financial Sector Company No. 22 of 2026
- Entity named: Members Banking Group Limited
- Enabling Act: Financial Sector (Shareholdings) Act 1998
- Registered: 7 September 2026
- Status: Currently in force
What the instrument records
The instrument records that the Treasurer has approved an application relating to holding the transferring business of Members Banking Group Limited. The source does not specify who the approved holder is, what business is being transferred, or what conditions apply to the approval.
Key actions
- Review the full instrument text at https://www.legislation.gov.au/F2026N00680 if you have a direct interest in Members Banking Group Limited or its business transfer.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.