New South Wales Consolidated Regulations

BANK MERGERS (BANK OF MELBOURNE) REGULATION 1998 - REG 9

9 Legal proceedings and evidence

(1) Where, immediately before the succession day, proceedings (including arbitration proceedings) to which the Bank of Melbourne was a party were pending or existing in any court or tribunal, Westpac is, on that day, substituted for the Bank of Melbourne as a party to the proceedings and has the same rights in the proceedings as the Bank of Melbourne had.

(2) Where, before the succession day, documentary or other evidence would have been admissible for or against the interests of the Bank of Melbourne, that evidence is admissible, on or at any time after that day, for or against the interests of Westpac.