Western Australian Legislation
Western Australia The Bank of Adelaide (Merger) Act 1980 Western Australia The Bank of Adelaide (Merger) Act 1980 Contents 1. Short title 2 2. Commencement 2 3. Terms used 2 4. Crown to be bound 3 5. Vesting of undertakings of merging banks 3 6. Transitional trading banks 4 7. Transitional savings banks 5 8. Assignment and subletting of leases 6 9. Continuity of legal proceedings 7 10. Evidence 7 11. Officers and employees 7 12. Registration authority to give effect 8 Notes Compilation table 9 Defined terms Western Australia The Bank of Adelaide (Merger) Act 1980 An Act to supplement The Bank of Adelaide (Merger) Act 1980 of the State of South Australia which provides for the transfer to Australia and New Zealand Banking Group Limited of the undertaking of The Bank of Adelaide and for the transfer to Australia and New Zealand Savings Bank Limited of the undertaking of The Bank of Adelaide Savings Bank Limited and for connected purposes. Preamble WHEREAS The Bank of Adelaide became a wholly owned subsidiary of the Australia and New Zealand Banking Group Limited in pursuance of a scheme of arrangement having effect from 30 November 1979: AND WHEREAS The Bank of Adelaide Savings Bank Limited is a wholly owned subsidiary of The Bank of Adelaide and Australia and New Zealand Savings Bank Limited is a wholly owned subsidiary of Australia and New Zealand Banking Group Limited: AND WHEREAS it is expedient in the interests of efficiency in banking that the banking business conducted by The Bank of Adelaide should be transferred to Australia and New Zealand Banking Group Limited and the banking business conducted by The Bank of Adelaide Savings Bank Limited should be transferred to the Australia and New Zealand 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.]
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