Commonwealth Numbered Regulations

1985 No. 67 BANKS (SHAREHOLDINGS) REGULATIONS - REG 4

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.