Commercial Banking Company of Sydney Incorporation Acts Extension Act 1878 No cbc (NSW)

An Act to continue for a further term of

twenty-one years the provisions of " The

Commercial Banking Company of Sydney Incorporation Act" (as amended) whereby

the Commercial Banking Company of Sydney as thereby incorporated was em­ powered to make issue circulate and reissue

Bank Notes or Bills. [3rd December, 1878.]

therein contained for empowering the Commercial Banking Company	WHEREAS by the terms of the sixth section of " The Commercial Banking Company of Sydney Incorporation Act" the provisions
of Sydney to make issue circulate and re-issue Bank notes or bills in
manner therein provided were thereby limited to a term of twenty-one years to commence as therein mentioned And whereas by the third section of the " Commercial Banking Company of Sydney Incorpo­ ration Act Amendment Act of 1867" the said provisions were extended
for a further term of ten years And whereas the said term of ten
years will shortly expire and it is expedient to continue the said provisions for a further period of twenty-one years Be it therefore enacted by the Queen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled and by the authority of the same as follows :—

is hereby repealed. An

1. The powers conferred upon the Commercial Banking Company

of Sydney by the third section of " The Commercial Banking Company of Sydney Incorporation Act Amendment Act of 1867" shall subject
to the provisions in the said Act contained be and are hereby extended and shall continue and remain in force for a further term of twenty- one years from the passing of this Act.

2. The fourth section of the said " Commercial Banking Company of Sydney Incorporation Act Amendment Act of 1867 " shall be and