Commonwealth Consolidated Acts

GUARANTEE OF LENDING TO SMALL AND MEDIUM ENTERPRISES (CORONAVIRUS ECONOMIC RESPONSE PACKAGE) ACT 2020 - SECT 4

    In this Act:

"constitutional corporation" means a corporation to which paragraph   51(xx) of the Constitution applies.

"financial institution" means:

  (a)   a body corporate that is an ADI for the purposes of the Banking Act 1959 ; or

  (b)   a non - ADI lender (within the meaning of the Banking Act 1959 ).

"legislative rules" means rules made under section   8 .

"SME entity" has the meaning given by the legislative rules .