Commonwealth Numbered Regulations

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1986 No. 392 BANKING (SAVINGS BANKS) REGULATIONS (AMENDMENT) - REG 3

Persons from whom savings banks not to accept deposits
3. Regulation 6 of the Principal Regulations is amended by adding at the end
the following words and paragraphs: "other than -

   (a)  a savings bank that is a wholly owned subsidiary of the firstmentioned
        savings bank; or

   (b)  a savings bank of which the first-mentioned savings bank is a wholly
        owned subsidiary.". 


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