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CANBERRA ADVANCE BANK LIMITED (MERGER) ACT 1992 - NOTES

- As at 1 September 1995 - Act 17 of 1992

Preamble

1. Canberra Advance Bank Limited ACN 008 616 779 (“CAB”) is a company incorporated in the Australian Capital Territory, is a company within the meaning of the Corporations Law of the Australian Capital Territory and is a company limited by shares.
2. Advance Bank Australia Limited ACN 002 953 335 (“ABA”) is a company incorporated in New South Wales and is a company within the meaning of the Corporations Law of New South Wales and is a company limited by shares.
3. CAB is a wholly owned subsidiary of ABA.
4. ABA and CAB each carries on the business of banking in New South Wales and elsewhere in Australia.
5. It is expedient in the interests of banking efficiency that the banking business conducted by CAB should be transferred to ABA.
6. To vest the undertaking of CAB carried on in New South Wales in ABA it is expedient to enact the provisions set out below.
The Legislature of New South Wales therefore enacts

Historical notes

The following abbreviations are used in the Historical notes:

Am amended No number Schs Schedules
Cl clause p page Sec section
Cll clauses pp pages Secs sections
Div Division Reg Regulation Subdiv Subdivision
Divs Divisions Regs Regulations Subdivs Subdivisions
GG Government Gazette Rep repealed Subst substituted
Ins inserted Sch Schedule

Table of Acts

Canberra Advance Bank Limited (Merger) Act 1992 No 17. Assented to 14.5.1992. Date of commencement, assent, sec 2. This Act has been amended as follows:

1995 No 27 Evidence (Consequential and Other Provisions) Act 1995. Assented to 19.6.1995.
Date of commencement, 1.9.1995, sec 2 and GG No 102 of 25.8.1995, p 4355.

Table of amendments

Sec 18 Am 1995 No 27, Sch 1.