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RESIDENTIAL TENANCIES ACT 1987 - SECT 92

RESIDENTIAL TENANCIES ACT 1987 - SECT 92

92 .         Terms used

                In this Part —

        authorised financial institution or AFI means —

            (a)         an ADI (authorised deposit taking institution) as defined in the Banking Act 1959 (Commonwealth) section 5; or

            (b)         a bank constituted by a law of a State, a Territory or the Commonwealth; or

            (c)         any other body,

        that was prescribed, or that belongs to a class of bodies that was prescribed, for the purposes of the definition of that term under Schedule 1 clause 1 as in force immediately before the commencement day;

        commencement day means the day on which the Residential Tenancies Amendment Act 2011 section 87 comes into operation;

        security bond held in an AFI means an amount of a security bond held in an AFI and that was so held immediately before the commencement day.

        [Section 92 inserted: No. 60 of 2011 s. 86.]