Search: CAC Act

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RBA Glossary definition for ACT

ACT – Australian Competition Tribunal

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.

RBA Glossary definition for CAC Act

CAC Act – Commonwealth Authorities and Companies Act 1997 (which was replaced by the Public Governance, Performance and Accountability Act 2013 on 1 July 2014).

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