COMMONWEALTH BANKS ACT 1959

Table of Provisions

• Long Title

PART I--PRELIMINARY

• 1 Short title  
• 2 Commencement  
• 4 Interpretation  
• 5 Application to Territories  
• 6 This Act subject to Banking Act  

PART IV--THE--COMMONWEALTH BANK

Division 1--Preliminary steps before conversion of Commonwealth Bank into a public company

• 27A Share capital of Commonwealth Bank  
• 27B Shares to be paid up and issued  
• 27C Commonwealth Bank to apply to be registered as company etc.  

Division 2--Conversion of Commonwealth Bank into a public company

• 27D Commonwealth Bank taken to be registered under Companies Act  
• 27E Memorandum and articles of Commonwealth Bank  
• 27F Membership of the Commonwealth Bank  
• 27G Name of the Commonwealth Bank  
• 27H Commonwealth Bank is not a Commonwealth authority or Commonwealth company etc.  
• 27J Operation of section 25B of Acts Interpretation Act  

Division 4--Miscellaneous

• 28 General functions of Commonwealth Bank  

PART VII--THE--COMMONWEALTH DEVELOPMENT BANK

• 74A Preliminary steps to conversion of Development Bank into a company  
• 74B Conversion of Development Bank into a company  
• 74C Development Bank is not a Commonwealth authority or Commonwealth company etc.  

PART VIII--THE--COMMONWEALTH BANK OFFICERS SUPERANNUATION CORPORATION

• 108A Preliminary steps to conversion of Corporation into a company  
• 108B Conversion of Corporation into a company  
• 108C Corporation is not a Commonwealth authority or Commonwealth company etc.  
• 110 Superannuation fund  

PART IX--MISCELLANEOUS

• 117 Guarantee by the Commonwealth  
• 129 Regulations