COMMONWEALTH BANKS REGULATIONS - REG 39 Subsection 27K (1) of the Act

Commonwealth Consolidated Regulations

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COMMONWEALTH BANKS REGULATIONS - REG 39

Subsection 27K (1) of the Act — exceptions (certain underwriters)

(1): In this regulation:

"broker" means a person who is a member of the Australian Stock Exchange Limited.

"insurer" means a body corporate:

(a): authorised under the Insurance Act 1973 to carry on insurance business; or
(b): registered under the Life Insurance Act 1945 .

"sub-underwriter", in relation to an issue of shares, means a person who is a party to an agreement with an underwriter that obliges the first-mentioned person to subscribe for any of the shares in circumstances specified in the agreement.

"underwriter", in relation to an issue of shares, means a person who is a party to an agreement with the company issuing the shares that includes a provision obliging the person to subscribe for any of the shares in the event of a shortfall in public subscriptions below an amount specified in the agreement.

(2) Subsection 27K (1) of the Act does not apply to an application for the issue of shares in the Commonwealth Bank made:

(a): in the course of, or arising out of, the underwriting of the issue of shares in the Commonwealth Bank under its first registered prospectus; and
(b): by, or to, a foreign person who is:

(i): an underwriter and an insurer; or
(ii): a sub-underwriter and an insurer; or
(iii): an underwriter and a broker; or
(iv): a sub-underwriter and a broker.

Schedule

(regulation 33)

Form A

Commonwealth Banks Act
DECLARATION OF SECRECY
I, of , a member of the Commonwealth Banking Corporation Board, do solemnly and sincerely declare that I will at all times maintain secrecy in relation to the affairs of the Board, the Commonwealth Banking Corporation, the Commonwealth Bank of Australia, the Commonwealth Savings Bank of Australia and the Commonwealth Development Bank of Australia and, in particular, that I will not directly or indirectly communicate or divulge any information that comes to my knowledge in the performance of my functions as a member of the Board, except by authority of the Board or under compulsion or obligation of law.
( Signature of declarant. )
Declared at the day of ,
19 .
Before me,

* Justice of the Peace.
* Commissioner for taking Affidavits.

*Strike out whichever is inapplicable.

(subregulation 36 (1))

Form B

Commonwealth Banks Act 1959
COMMONWEALTH BANKING CORPORATION
BALANCE SHEET AS AT 30 JUNE ¹

Liabilities	$'000	Assets	$'000
Premises revaluation reserve		Cash at bankers
Provision for long service leave Provision for income tax		Loans to authorized dealers in the Australian short-term money market
Other provisions		Australian public securities2—
Other liabilities		(a) Commonwealth and States — (i) Treasury bills and Treasury notes; (ii) Other securities; (b) Local and semi-governmental authorities
		Other public securities2
		Other securities2
		Premises and sites2
		All other assets2
TOTAL		TOTAL

STATEMENT OF INCOME AND EXPENDITURE FOR YEAR ENDED 30 JUNE ¹

Expenses (including depreciation on premises) Income tax expense		Reimbursements for expenses receivable from Commonwealth Bank, Commonwealth Savings Bank and Commonwealth Development Bank, earnings on investments and other receipts
TOTAL		TOTAL

1. Insert year.

2. State whether valuation is cost price, market price or otherwise.

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