The Commercial Bank of Australia Limited (Merger) Act 1982 (WA)

Western Australia The Commercial Bank of Australia Limited (Merger) Act 1982 Western Australia The Commercial Bank of Australia Limited (Merger) Act 1982 Contents 1. Short title 2 2. Commencement 2 3. Terms used in this Act 2 4. Savings relating to certain property etc. 4 5. Crown to be bound 4 6. Vesting of undertaking of merging bank and savings bank 4 7. Transitional provision — CBA 7 8. Transitional provision — CBA Savings Bank 10 9. Assignment and subletting of leases 12 10. Continuity of legal proceedings 13 11. Evidence 13 12. Officers and employees 14 13. Appointment of new trustees 15 14. Transfer of certain shares etc. 16 15. Registration authority to give effect 16 16. Company charges 17 17. Protection of persons in respect of dealings with certain assets 17 Schedule — Exempt instruments Notes Compilation table 20 Defined terms Western Australia The Commercial Bank of Australia Limited (Merger) Act 1982 An Act to supplement The Commercial Bank of Australia Limited (Merger) Act 1982 of the State of New South Wales which provides for the transfer to Bank of New South Wales of the undertaking of The Commercial Bank of Australia Limited, and for the transfer to Bank of New South Wales Savings Bank Limited of the undertaking of The Commercial Savings Bank of Australia Limited, and for connected purposes. Preamble Whereas The Commercial Bank of Australia Limited became on or about the 12th day of February 1981 a wholly owned subsidiary of Bank of New South Wales in pursuance of action under Part VIB of the Companies Act 1961 of the State of Victoria: And whereas The Commercial Savings Bank of Australia Limited is a wholly owned subsidiary of The Commercial Bank of Australia Limited, and Bank of New South Wales Savings Bank Limited is a wholly owned subsidiary of Bank of New South Wales: And whereas it is expedient in the interest of banking efficiency that the banking business conducted by The Commercial Bank of Australia Limited should be transferred to Bank of New South Wales, and the banking business conducted by The Commercial Savings Bank of Australia Limited should be transferred to Bank of New South Wales Savings Bank Limited: And whereas it is expedient that the transfers be effected by Act of the Parliament: [Preamble amended: No. 19 of 2010 s. 50.] Be it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows: —