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TRUST BANK SALE ACT 1999 (NO. 76 OF 1999)

- Act 76 of 1999 - Royal Assent 26 November 1999

Table of Provisions

Long Title

PART 1 - Preliminary

  • 1 Short title
  • 2 Commencement
  • 3 Interpretation
  • 4 Crown to be bound
  • 5 Extra-territorial application
  • 6 Act to have effect despite Corporations Law
  • 7 Bank not a Crown instrumentality

PART 2 - Corporatisation of the Bank

  • 8 Application for registration of the Bank as a company
  • 9 Registration of the Bank as a company
  • 10 Issue of initial shares

PART 3 - Sale process

  • 11 Power of sale
  • 12 Release of special capital note
  • 13 Declarations by Treasurer
  • 14 Calculation and application of net first instalment
  • 15 Disbursements

PART 4 - Integration of the Bank and the purchaser

  • 16 Effect of integration
  • 17 Vesting of undertaking
  • 18 Effect of legal instruments
  • 19 Directors, &c., of the Bank not directors of the purchaser
  • 20 No actions against officers of the Bank or TB No. 1
  • 21 Transitional provisions
  • 22 Legal proceedings, &c.
  • 23 Evidence
  • 24 Place of business
  • 25 Bank employees
  • 26 Interests in land
  • 27 Action by Recorder of Titles or Registrar-General
  • 28 Certificates in relation to charges
  • 29 Other property
  • 30 Certificates conclusive
  • 31 Application of banking laws
  • 32 Dissolution of TB No. 1

PART 5 - Tasmanian community fund

  • 33 Establishment of Tasmanian Community Fund
  • 34 Amounts to be paid into Tasmanian Community Fund
  • 35 Establishment of Board
  • 36 Functions of Board
  • 37 Accounts and records
  • 38 Payment for audit
  • 39 Costs and expenses of Board
  • 40 Liability of members of Board
  • 41 Annual report of Board

PART 6 - Miscellaneous

  • 42 State taxes and duties
  • 43 Restraint
  • 44 Disputes
  • 45 Rules of the Bank
  • 46 Validation
  • 47 Regulations
  • 48 Administration of Act
  • 49 Repeal of certain Acts
  • SCHEDULE 1

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

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