Banking Regulations (Cth)

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STATUTORY RULES.

1954. No. .

REGULATIONS UNDER THE BANKING ACT 1945-1953.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Banking Act 1945-1953.

Dated this  twenty first

day of  May , 1954.

W. J. SLIM

Governor-General.

By His Excellency’s Command,

Treasurer.

Banking Regulations.

Citation.

1. These Regulations may be cited as the Banking Regulations.

Repeal.

2. The Banking Regulations (comprising Statutory Rules 1945, No. 148 ; Statutory Rules 1946, No. 189 ; Statutory Rules 1951, No. 147 ; and Statutory Rules 1952, No. 93) are repealed.

Definition.

3. In these Regulations, “ the Act ” means the Banking Act 1945-1953.

Balancing dates—Trading banks.

4. The date referred to in paragraph (a) of section 40 of the Act is, in respect of each bank specified in Part I. of the First Schedule to the Act, the date specified in the following table opposite to the name of that bank :—

Name of Bank.

Date.

The Ballarat Banking Company Limited ..........................................................

30th June

The Bank of Adelaide .....................................................................................

30th September

Bank of China ................................................................................................

30th June

Bank of New South Wales ..............................................................................

30th September

Bank of New Zealand .....................................................................................

31st March

The Brisbane Permanent Building and Banking Company Limited

31st August

The Commercial Bank of Australia Limited .....................................................

30th June

The Commercial Banking Company of Sydney Limited ...................................

30th June

Comptoir National d’Escompte de Paris ..........................................................

30th June

The English, Scottish and Australian Bank, Limited .........................................

30th June

The National Bank of Australasia Limited .......................................................

30th September

The Queensland National Bank Limited ..........................................................

30th September

Australia and New Zealand Bank Limited ........................................................

30th September

Balancing dates— Commonwealth Trading Bank and Commonwealth Bank.

5. The prescribed date referred to in paragraph (a) of sub-section (1.) of section 41 of the Act is the thirtieth day of June.

* Notified in the Commonwealth Gazette on, , 1954.

By Authority : L. F. Johnston, Commonwealth Government Printer, Canberra.

416.—Price 3d.  9/8.4.1954.

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