Commonwealth Consolidated Acts

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RESERVE BANK ACT 1959 - SECT 26

Reserve Bank to act as a central bank

                   The Reserve Bank:

                     (a)  is the central bank of Australia;

                     (b)  shall carry on business as a central bank; and

                     (c)  subject to this Act and to the Banking Act 1959 shall not carry on business otherwise than as a central bank.


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