Commonwealth Banks Amendment Act 1984 (Cth)

Commonwealth Banks Amendment Act 1984

No. 76 of 1984

TABLE OF PROVISIONS PART I—PRELIMINARY Section 1. Short title 2. Commencement PART II—AMENDMENTS OF COMMONWEALTH BANKS ACT 1959 3. Principal Act 4. Repeal of section 4 and substitution of new section— 4. Interpretation 5. Repeal of sections 10, 20 and 21 6. Repeal of section 23 and substitution of new section— 23. Deputy Secretary may attend meeting of Board 7. Disclosure of pecuniary interests of members 8. Repeal of section 27 and substitution of new section— 27. The Commonwealth Bank 9. General functions of Commonwealth Bank 10. Powers of Commonwealth Bank 11. Repeal of sections 30 and 31 and substitution of new sections— 30. Capital 31. Reserve Fund 12. Repeal of section 32 and substitution of new section— 32. Profits of Commonwealth Bank 13. Repeal of sections 33, 34, 35 and 36 and substitution of new sections— 35. Management of Commonwealth Bank 36. Commonwealth Bank to pay share of expenses of Corporation 14. Amalgamation of other banks with Commonwealth Bank TABLE OF PROVISIONS—continued Section 15. Powers of Savings Bank 16. Insertion of new section— 42a. Share capital 17. Repeal of section 44 and substitution of new section— 44. Profits of Savings Bank 18. Repeal of sections 45, 46 and 47 and substitution of new section— 47. Management of Savings Bank 19. Repeal of section 68 and substitution of new section— 68. Power to insure homes 20. Repeal of sections 78, 79 and 80 and substitution of new section— 80. Management of Development Bank 21. Repeal of section 95 and substitution of new section— 95. Appointment of persons holding tertiary qualifications 22. Repeal of section 117 and substitution of new section— 117. Guarantee by Commonwealth 23. Repeal of section 119 and substitution of new section— 119. Taxation 24. Audit 25. Further amendments 26. Person holding an office of General Manager PART III—AMENDMENTS OF INCOME TAX ASSESSMENT ACT 1936 27. Principal Act 28. Repeal of section 24a 29. Insertion of new section— 160abb. Rebate in respect of certain payments by the Commonwealth Savings Bank of Australia 30. Amendment of assessments