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Part I description of designated body corporate

Original text. Later amendments are not shown.

Column 1 Specified descriptionColumn 2 Specified definitionColumn 3 Specified relevant powerColumn 4 Specified purposesColumn 5 Specified conditions
Financing body.A specified type of body corporate (not being one excluded by the particular restrictions for financing bodies), formed for the purposes of, or the objects of which include, acquiring, holding and disposing of relevant debts and permitted investments.Investment or investment and support (but not for support only).Enabling the body to carry on any of the activities which are described in column 2 and to accept deposits.
  1. (1)

    The standard asset condition.

  2. (2)

    The qualifying activities condition.