BANKS (SHAREHOLDINGS) REGULATIONS (AMENDMENT) 1994 NO. 431 

BANKS (SHAREHOLDINGS) REGULATIONS (AMENDMENT) 1994 NO. 431 
- TABLE OF PROVISIONS

1.  Amendment  
2.  New regulation 8  
3.  Schedule (Banks and persons specified for purposes of regulations 3 and 4)  


1994 No. 431 BANKS (SHAREHOLDINGS) REGULATIONS (AMENDMENT)
- REG 1
1. Amendment


  1.1 The Banks (Shareholdings) Regulations are amended as set out in these
Regulations.
(NOTE: These Regulations commence on gazettal: see Acts Interpretation Act
1901, s. 48.)


1994 No. 431 BANKS (SHAREHOLDINGS) REGULATIONS (AMENDMENT)
- REG 2
2. New regulation 8


  2.1 After regulation 7, insert:
Prescribed interests and persons-paragraph 8 (9) (d) of the Act
  "8. (1) In this regulation:
  'associate' has the meaning given by subsection 9 (3) of the Act;
  'CML' means The Colonial Mutual Life Assurance Society Limited;
  'Emerald' means Emerald Holding Company Limited;
  'CIUK' means Colonial Investments UK Pty Limited;
  'the State Bank' means the State Bank of New South Wales Limited.

  "(2) For the purposes of paragraph 8 (9) (d) of the Act:
  (a) an interest in a share in the State Bank, being an interest held by a
subsidiary of CML other than Emerald or CIUK, is a prescribed interest, and
the subsidiary is a prescribed person; and
  (b) an interest in a share in the State Bank, being an interest held by an
associate of CML, Emerald or CIUK, is a prescribed interest, and the associate
is a prescribed person; and
  (c) an interest in a share in the State Bank, being an interest held by a
person who is an associate of an officer of CML, Emerald or CIUKs, is a
prescribed interest, and the person is a prescribed person; and
  (d) an interest in a share in the State Bank, being an interest that a
person is taken to hold by reason of subsection 8 (4) of the Act, is a
prescribed interest, and a person who is taken to hold an interest of that
kind is a prescribed person.".


1994 No. 431 BANKS (SHAREHOLDINGS) REGULATIONS (AMENDMENT)
- REG 3
3. Schedule (Banks and persons specified for purposes of regulations 3 and 4)


  3.1 Item 6A:
Omit the item, substitute:
  "6A
  State Bank of New South Wales Limited
  Emerald Holding Company Limited
  Colonial Investments UK Pty Limited
  The Colonial Mutual Life Assurance Society Limited".


- NOTES


1994 No. 431*1* BANKS (SHAREHOLDINGS) REGULATIONS*2* (AMENDMENT)

- Dated 20 February 1994


*1* Notified in the Commonwealth of Australia Gazette on 23 December 1994.
*2* Statutory Rules 1985 No. 67 as amended by 1985 Nos. 233, 263, 299, 311,
336, 337, 338 and 376; 1986 Nos. 10, 11, 12, 13, 21, 23, 24, 44, 92, 107 and
116; 1987 Nos. 26, 126, 127 and 208; 1988 Nos. 323 and 379; 1989 Nos. 4 and
64; 1990 Nos. 345 and 469; 1991 Nos. 21, 57, 92, 120, 225, 278, 279 and 292;
1992 Nos. 102, 302, 359 and 416; 1993 No. 259; 1994 Nos. 97, 207, 308, 331 and
385.