Western Australian Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BANK OF WESTERN AUSTRALIA ACT 1995 - SECT 24

24 .         Incapacity of Bank to alter or avoid mandatory articles

        (1)         A special resolution of the Bank that would, apart from this subsection, have the effect of altering the Bank’s articles of association so that the articles would not comply with section 23 has no effect.

        (2)         A special resolution or resolution of the Bank that — 

            (a)         would, if acted on and apart from this subsection, result in a contravention of section 23(1) or of the mandatory articles; or

            (b)         would, apart from this subsection, ratify an act or omission that contravenes section 23(1) or the mandatory articles,

                has no effect.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]