Western Australian Legislation
Western Australia Australia and New Zealand Banking Group Limited (Town & Country) Act 1995 Reprinted under the Reprints Act 1984 as at 10 October 2003
Western Australia Australia and New Zealand Banking Group Limited (Town & Country) Act 1995 Contents Part 1 — Preliminary 1. Short title 3 2. Commencement 3 3. Interpretation 3 4. Act binds the Crown 6 Part 2 — Vesting of undertaking of Town & Country in ANZ 5. Vesting of undertaking 7 6. Effect of contracts and instruments 7 7. Transitional provisions 8 8. Business name 9 9. Legal proceedings 10 10. Amendment of documents 11 11. Evidence 11 12. Construction of references 11 Part 3 — General 13. Payment of amount in lieu of State taxes and charges 12 14. Effect of things done under this Act 12 15. Leases, licences and other agreements 13 16. Service of documents 13 17. Excluded assets 13 18. Certificates may be issued 14 19. Interests in land in the Register Book 14 20. Amendment of Register 14 21. Certificates in relation to charges 14 22. Other property 15 23. Certificates conclusive 15 24. Application of banking laws 16 Notes Compilation table 17 Defined terms Reprinted under the Reprints Act 1984 as at 10 October 2003
Western Australia Australia and New Zealand Banking Group Limited (Town & Country) Act 1995 An Act to provide for the transfer to Australia and New Zealand Banking Group Limited of the banking business of Town and Country Bank Limited and for connected purposes. Reasons for enactment 1. Town & Country Bank Limited A.C.N. 053 814 378 ("Town & Country") is a company incorporated in Western Australia and is a company within the meaning of the Corporations Law 2 and is a company limited by shares. 2. Australia and New Zealand Banking Group Limited A.C.N. 005 357 522 ("ANZ") is a company deemed to be incorporated in Victoria and is a company within the meaning of the Corporations Law 2 and is a company limited by shares. 3. ANZ carries on the business of banking throughout Australia and elsewhere in the world, and Town & Country carries on the business of banking in Western Australia. 4. ANZ Funds Pty Ltd A.C.N. 004 594 343 ("ANZ Funds") is a wholly owned subsidiary of ANZ. 5. On 30 July 1990 ANZ Funds became the beneficial owner of the whole of the issued share capital of Town & Country and since that date Town & Country has been a wholly owned subsidiary of ANZ Funds. 6. On 30 September 1991 the Governor‑General of Australia granted to Town & Country an authority to carry on banking business in Australia on condition that its banking business was transferred to ANZ in due course. 7. Accordingly it is necessary and expedient to transfer the banking business of Town & Country to ANZ, but at the same time facilitating the preservation of the character of the business of Town & Country. 8. On 8 May 1995 the Treasurer of Australia consented pursuant to section 63 of the Banking Act 1959 of the Commonwealth to the amalgamation of the banking business of Town & Country with that of ANZ. 9. It is expedient to enact legislation to provide for the vesting of the banking business of Town & Country in ANZ. The Parliament of Western Australia enacts as follows:
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