The Deposit Protection Fund (Excluded Institutions) Order 1983
Whereas the Treasury are satisfied, after consultation with the Deposit Protection Board, that sterling deposits with the United Kingdom offices of the State Bank of New South Wales (which is a body corporate formed under the law of the State of New South Wales in the Commonwealth of Australia) are as well protected under such law as they would be under Part II of the Banking Act 1979(a):—

Now therefore, the Treasury in exercise of the powers conferred on them by section 23(2) of the Banking...