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Column 1 | Column 2 | Column 3 | Column 4 | Column 5 | |
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Item | Specified description | Specified definition | Specified relevant power | Specified purposes | Specified limits and conditions |
1. | Appropriate payments services vehicle | A body corporate (not being one excluded by the particular restrictions for payments services vehicles) formed for the purpose of, or the objects of which include the carrying on of banking services including money transmission services. | Investment and support, or support. | (1) Facilitating the provision of banking services by the society or any associated body of the society. (2) Enabling or facilitating the operation of facility accounts by the society or any associated body of the society. | (1) The standard asset provision for the purposes of item (2) in column 4 (2) The group interest provision. |
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