BANKS (SHAREHOLDINGS) REGULATIONS 1985 NO. 67 

BANKS (SHAREHOLDINGS) REGULATIONS 1985 NO. 67 
- TABLE OF PROVISIONS

1. Citation  
2. Interpretation  
3. Prescribed interest in a share for the purposes of paragraph 8(9)(d) of the Act  
4. Prescribed class of persons for the purposes of paragraph 8(9)(d) of the Act  


1985 No. 67 BANKS (SHAREHOLDINGS) REGULATIONS
- REG 1
Citation


  1. These Regulations may be cited as the Banks (Shareholdings) Regulations.


1985 No. 67 BANKS (SHAREHOLDINGS) REGULATIONS
- REG 2
Interpretation


  2. In these Regulations, "the Act" means the Banks (Shareholdings) Act 1972.


1985 No. 67 BANKS (SHAREHOLDINGS) REGULATIONS
- REG 3
Prescribed interest in a share for the purposes of paragraph 8(9)(d) of the
Act


  3. For the purposes of paragraph 8(9)(d) of the Act, an interest in a share
of Australian Bank Limited, being an interest that a person is to be deemed to
have by virtue of sub-section 9(2) of the Act, is a prescribed interest in a
share.


1985 No. 67 BANKS (SHAREHOLDINGS) REGULATIONS
- REG 4
Prescribed class of persons for the purposes of paragraph 8(9)(d) of the Act


  4.(1) For the purposes of paragraph 8(9)(d) of the Act, the following class
of persons is prescribed in relation to an interest in a share of Australian
Bank Limited referred to in regulation 3, namely, persons (other than exempt
persons) who are, for the purposes of sub-section 9(2) of the Act, to be
deemed to be associates of any of the following corporations, namely-
  (a) Brierley Investments Limited, being the corporation formed or
incorporated under that name in New Zealand;
  (b) Compagnie Financiere de Paribas, being the corporation formed or
incorporated under that name in France;
  (c) Industrial Equity Limited;
  (d) Lend Lease Corporation Limited;
  (e) Paribas Group Australia Pty. Limited;
  (f) Paribas International, being the corporation formed or
incorporated under that name in France;
  (g) Paribas North America, Inc., being the corporation formed or
incorporated under that name in the United States of America;
  (h) The Citizens & Graziers' Life Assurance Company Limited;
  (j) The M.L.C. Limited;
  (k) The Mutual Life & Citizens' Assurance Company Limited, and do not have
any interest in a share of Australian Bank Limited other than ther interest in
the shares of that bank that they are to be deemed to have by virtue of that
sub-section.
  (2) For the purposes of sub-regulation (1), a person is an exempt person if
there is in force under sub-section (4) or (5) of section 10 of the Act an
instrument fixing a percentage for the purposes of that section in its
application to that person in relation to the interest of that person in the
voting shares of Australian Bank Limited.


- NOTES


1985 No. 67*1* BANKS (SHAREHOLDINGS) REGULATIONS



*1* Notified in the Commonwealth of Australia Gazette on 17 May 1985.