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Forms and Resources - Baplink

FORMS AND RESOURCES

QB CHURCHES & AFFILIATES

These forms are for QB churches and affiliates (including pastors, QB staff, affiliated ministries such as schools and child care centres) to open, amend, and close accounts, redraw funds from church loans, and issue BAPNET access to staff.

Condition 11 of Banking Exemption No. 1 2021

Queensland Baptists (the Fund) is not prudentially supervised by the Australian Prudential Regulation Authority.
Therefore, an investor in the Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959.
Investments in the Fund are intended to be a means for investors to support the charitable purposes of the Fund.

Banking exemption No. 1 of 2021 (legislation.gov.au)