Banking Act 1965 (Cth)

Banking

No. 127 of 1965

An Act to amend the Banking Act 1959 in relation to Decimal Currency.

[Assented to 18 December, 1965]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Banking Act 1965.

 

(2.) The Banking Act 1959, as amended by this Act, may be cited as the Banking Act 1959–1965.

Commencement.

2.This Act shall come into operation on the fourteenth day of February, One thousand nine hundred and sixty-six.

Deposits to be in multiples of $1,000.

3.Section 27 of the Banking Act 1959 is amended by omitting the word “pounds” (wherever occurring) and inserting in its stead the word “dollars”.

Second Schedule.

4.The Second Schedule to the Banking Act 1959