TRUST BANK (CORPORATISATION) ACT 1997 (NO. 7 OF 1997)

Table of Provisions

PART 1 - Preliminary

• 1 Short title
• 2 Commencement
• 3 Interpretation
• 4 Crown to be bound
• 5 Act to have effect despite Corporations (Tasmania) Act and
Corporations Law
• 6 Conversion day

PART 2 - Conversion of Trust Bank into a company

• 7 Application for registration of Bank as a company
• 8 Mandatory articles
• 9 Registration of Bank as a company
• 10 Memorandum and articles

PART 3 - Shares

• 11 Issue of shares
• 12 What happens if a strategic partnership agreement has been entered
into
• 13 What happens if a strategic partnership agreement is not entered
into
• 14 Initial share capital of Bank
• 15 Bank not required to hold statutory meeting or send statutory report
under Corporations Law
• 16 Loans to employees for acquisition of shares in Bank

PART 4 - The Trust Bank Foundation

• 17 Establishment of body corporate
• 18 Board of Directors of The Trustee of the Trust Bank Foundation

PART 5 - Miscellaneous

• 19 Powers of Supreme Court
• 20 Bank is not the Crown
• 21 Modification of Trust Bank (Arrangements) Act 1991
• 22 Repeals
• 23 Regulations
• 24 Administration of Act

[ Note: This table has been automatically generated and may be incomplete. ]