Commonwealth Numbered Acts

COMMONWEALTH BANKS AMENDMENT ACT 1993 No. 46 of 1993 - SECT 14

14. Section 10A of the Banks (Shareholdings) Act 1972 is amended:

   (a)  by inserting after subsection (2) the following subsection:

"(2A) Subject to the regulations, the reference in subsection (1) to an
interest in a voting share does not include a reference to an interest that a
banking entity has only because the banking entity is a depositary under a
scheme known as an American Depositary Receipts scheme.";

   (b)  by adding at the end of paragraph (3)(b) "or (2A)".