Commonwealth Consolidated Acts

BANKING ACT 1959 - SECT 11B

                   The functions of APRA include:

                     (a)  the collection and analysis of information in respect of prudential matters relating to ADIs and authorised NOHCs;

                     (b)  the encouragement and promotion of the carrying out by ADIs and authorised NOHCs of sound practices in relation to prudential matters; and

                     (c)  the evaluation of the effectiveness and carrying out of those practices.