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RBA Glossary definition for CAC

CAC – Collective Action Clause. A clause in bond contracts that includes provisions allowing a qualified majority of lenders to amend key financial terms of the debt contract and bind a minority to accept these new terms.

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Submission to the Inquiry Into Public Governance, Performance and Accountability Act 2013 Rules Development

20 Mar 2014 Submissions PDF 126KB
Inquiry Into Public Governance, Performance and Accountability Act 2013 Rules Development
https://www.rba.gov.au/publications/submissions/other/inquiry-public-governance-performance-and-accountability-act-rules-development/pdf/inquiry-public-governance-performance-and-accountability-act-rules-development.pdf