New South Wales Consolidated Acts

BANK MERGERS (APPLICATION OF LAWS) ACT 1996 - SECT 4

4 Proclamations

(1) The Governor may by proclamation declare a law of another State or Territory providing for or relating to the merger of banks to be a law to which this Act applies.

(2) Such a proclamation may:

(a) exclude specified provisions of the proclaimed law from the operation of this Act, and

(b) modify the effect of specified provisions of the proclaimed law in their application under this Act, and

(c) without limiting paragraph (b), supplement the provisions of the proclaimed law in their application under this Act with additional provisions that apply by virtue of this Act, and

(d) provide that a requirement has been made under section 6.

(3) A proclamation under this Act may be amended or repealed by a further proclamation.

(4) A proclamation may be made in respect of a law of another State or Territory whether or not that law has commenced in that State or Territory.