Bank Mergers (Application of Laws) Act 1996 Proclamation re application of Act (1996-575) [GG No 137 of 29.11.1996] (NSW)
1996 No 575
New South Wales BANK MERGERS (APPLICATION OF LAWS) ACT 1996—
PROCLAMATION
(L.S.) G. SAMUELS, Governor.
I, the Honourable Gordon Samuels AC, Governor of the State of New South Wales, with the advice of the Executive Council, and in pursuance of section 4 of the Bank Mergers (Application of Laws) Act 1996 (NSW Act), do, by this my Proclamation, declare the Bank Merger (BankSA and Advance Bank) Act 1996 of South Australia (SA Act) to be a law to which the NSW Act applies subject to the following exclusions, modifications and supplementations under section 5 (2) of the NSW Act:
(a) section 2 (Commencement) is excluded from the operation of the NSW Act, (b) the definition of “appointed day” in section 3 (Interpretation) is to be read as a reference to a day appointed as the appointed day for the purposes of the SA Act by proclamation made by the Governor of South Australia under the SA Act, (c) references to “the State” are to be read as references to the State of New South Wales, (d) references to the Corporations Law are to be read as references to the Corporations Law of this State, (e) the reference in section 10 (Registration of title, etc) to the Registrar-General is to be read as a reference to the Registrar-General of this State,
(f) the definitions of “ABAL group”, “State Scheme” and “scheduled provisions” in section 15 (Definitions) are excluded from the operation of the NSW Act, (g) the definition of “superannuation rights” in section 15 (Definitions) is to be read as if the words “(including, where applicable, rights under the State Scheme),’ were omitted, (h) sections 16 (2) and 16 (3) (Preservation of superannuation rights) are excluded from the operation of the NSW Act, (i) section 19 (Act overrides other laws) is to be read as if the reference to the Real Property Act 1886 were omitted,
Published in Gazette No 137 of 29 November 1996, page 7718 Page 1 1996 No 575
Bank Mergers (Application of Laws) Act 1996—Proclamation
(j) the references in section 21 (Name in which ABAL carries on business) to the Business Names Act 1963 of South Australia are to be read as references to the Business Names Act 1962 of this State, (k) section 22 (Regulations and proclamations) is excluded, and references to a regulation or a proclamation are to be read as references to a regulation or proclamation made by the Governor of South Australia under the SA Act, and (l) in its application as a law of this State, the interpretation of the SA Act is (subject to this section and the Act) to be governed by the Acts Interpretation Act 1915 of South Australia. No requirement has been made by the Treasurer under section 6 of the NSW Act. The declaration under this proclamation takes effect on and from the day fixed by proclamation to be the day on which the SA Act commences.
Signed and sealed at Sydney, this 28th day of November 1996.
By His Excellency’s Command,
MICHAEL EGAN, M.L.C.,
Treasurer.
GOD SAVE THE QUEEN!
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