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APRA revokes Lutheran Laypeople’s League of Australia’s banking licence

The Australian Prudential Regulation Authority (APRA) has agreed to a request from Lutheran Laypeople’s League of Australia Limited to revoke its licence to operate as an authorised deposit-taking institution (ADI) and revert to a Religious Charitable Development Fund.

The updated list of all APRA-authorised ADIs is available on the APRA website at: Register of authorised deposit-taking institutions.

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