Commonwealth Numbered Acts

COMMONWEALTH BANKS ACT 1974 No. 81 of 1974 - SECT 4

4. (1) The Principal Act is amended as set out in the Schedule.

(2) The amendments of the Principal Act made by sub-section (1) do not affect-

   (a)  the remuneration (if any) payable to a member of the Commonwealth
        Banking Corporation Board;

   (b)  the salary payable to the Managing Director or Deputy Managing
        Director of the Commonwealth Banking Corporation;

   (c)  the salary payable to the General Manager of the Commonwealth Trading
        Bank of Australia, the General Manager of the Commonwealth Savings
        Bank of Australia or the General Manager of the Commonwealth
        Development Bank of Australia; or

   (d)  the remuneration payable to the Chairman of the Promotions Appeal
        Board or the Chairman of the Disciplinary Appeal Board, before his
        remuneration is determined by the Remuneration Tribunal.

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