Australia and New Zealand Banking Group Limited (NMRB) Act 1991 (WA)

Western Australia Australia and New Zealand Banking Group Limited (NMRB) Act 1991 Western Australia Australia and New Zealand Banking Group Limited (NMRB) Act 1991 Contents Part 1 — Preliminary 1. Short title 3 2. Commencement 3 3. Definitions 3 4. Act binds the Crown 5 Part 2 — Vesting of undertaking of NMRB in ANZ 5. Vesting of undertaking 6 6. Effect of contracts and instruments 6 7. Transitional provisions 7 8. Legal proceedings 8 9. Amendment of documents 9 10. Evidence 9 11. Construction of references 10 Part 3 — Vesting of undertaking of NMR Savings Bank in ANZ Savings Bank and ANZ 12. Vesting of undertaking 11 13. Effect of contracts and instruments 11 14. Transitional provisions 12 15. Legal proceedings — the category A undertaking of NMR Savings Bank 16 16. Legal proceedings — the category B undertaking of NMR Savings Bank 18 17. Amendment of documents 19 18. Evidence — the category A undertaking of NMR Savings Bank 19 19. Evidence — the category B undertaking of NMR Savings Bank 20 20. Construction of references 20 Part 4 — General 21. Effect of things done under this Act 21 22. Service of documents 21 23. Excluded assets 22 24. Certificates may be issued 23 25. Interests in land in the Register Book 23 26. Amendment of Register Book 23 27. Certificates in relation to charges 24 28. Other property 24 29. Certificates conclusive 25 30. Application of banking laws 26 Schedule 1 — Category A liabilities and property Part 1 — Category A liabilities Part 2 — Category A property Notes Compilation table 29 Defined terms Western Australia Australia and New Zealand Banking Group Limited (NMRB) Act 1991 An Act to supplement the Australia and New Zealand Banking Group Limited (NMRB) Act 1991 of Victoria which provides for the transfer to Australia and New Zealand Banking Group Limited of the undertaking of National Mutual Royal Bank Limited and for the transfer to Australia and New Zealand Savings Bank Limited of one part of the undertaking of National Mutual Royal Savings Bank Limited and for the transfer to Australia and New Zealand Banking Group Limited of the other part of the undertaking of National Mutual Royal Savings Bank Limited, and for connected purposes. Reasons for enactment 1. National Mutual Royal Bank Limited A.C.N. 006 525 097 (NMRB) and National Mutual Royal Savings Bank Limited A.C.N. 007 394 738 (NMR Savings Bank) are companies incorporated in Victoria and are companies within the meaning of the Corporations Law 2 and are companies limited by shares. 2. Australia and New Zealand Banking Group Limited A.C.N. 005 357 522 (ANZ) and Australia and New Zealand Savings Bank Limited A.C.N. 004 845 685 (ANZ Savings Bank) are companies deemed to be incorporated in Victoria and are companies within the meaning of the Corporations Law 2 and are companies limited by shares. 3. NMR Savings Bank is a wholly owned subsidiary of NMRB and ANZ Savings Bank is a wholly owned subsidiary of ANZ. 4. ANZ and NMRB each carries on the business of banking in Victoria, Western Australia and elsewhere in Australia and ANZ Savings Bank and NMR Savings Bank each carries on the business of a savings bank in Victoria, Western Australia and elsewhere in Australia. 5. On 2 April 1990 ANZ acquired the whole of the issued share capital of NMRB and since that date NMRB has been a wholly owned subsidiary of ANZ. 6. It is expedient in the interests of efficiency in banking that the banking business conducted by NMRB should be transferred to ANZ and that part of the banking business conducted by NMR Savings Bank should be transferred to ANZ Savings Bank and that the other part should be transferred to ANZ. 7. On 5 December 1990 the Treasurer of Australia consented pursuant to section 63 of the Banking Act 1959 of the Commonwealth to the amalgamation of NMRB with ANZ. 8. The Australia and New Zealand Banking Group Limited (NMRB) Act 1991 of Victoria provides for the vesting of the undertaking of NMRB in ANZ and the vesting of part of the undertaking of NMR Savings Bank in ANZ and the other part in ANZ Savings Bank. 9. It is expedient to enact legislation in Western Australia to supplement the Australia and New Zealand Banking Group Limited (NMRB) Act 1991 of Victoria. The Parliament of Western Australia enacts as follows: