Commonwealth Bank Regulations (Cth)

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STATUTORY RULES.

1926. No. 4.

REGULATIONS UNDER THE COMMONWEALTH BANK ACT 1911-1925.

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 Commonwealth Bank Act 1911-1925, to come into operation forthwith.

Dated this sixth day of January, 1926.

STONEHAVEN,
Governor-General.

By His Excellency’s Command,

EARLE PAGE,

Treasurer.

REGULATIONS UNDER THE COMMONWEALTH BANK ACT 1911-1925.

Part I.—Preliminary.

Short title.

1. These Regulations may be cited as the Commonwealth Bank Regulations.

Parts.

2. These Regulations are divided into Parts, as follows:—

Part I.—Preliminary.
Part II.—General Banking Business.
Part III.—Savings Bank Business.
Part IV.—Note Issue Department.
Part V.—Issue of Debentures by the Bank.
Part VI.—Appeal Board.
Part VII.—Miscellaneous.

Interpretation.

3.—(1) In these Regulations, unless the contrary intention appears—

“the Act” means the Commonwealth Bank Act 1911-1925;
“the Deputy Governor” means the Deputy Governor of the Bank;
“Inspector” means an inspector of the Bank;
“Manager” means a manager of a branch of the Bank;
“Accountant” means an officer performing the duties of Accountant at a branch of the Bank;
“Officer” means an officer of the Bank, but not a Savings Bank officer as hereinafter defined;
“Probationer” means an employee on probation for admission to the service of the Bank;
“Branch” means a branch of the Bank;
“Superintendent” means an officer in charge of the Savings Bank Department of the Commonwealth Bank of Australia in a State;

C.15312.—Price 8d.

“Savings Bank” means the Savings Bank Department of the Commonwealth Bank of Australia;
“Savings Bank business” means the receipt of Savings Bank deposits, re-payment of such deposits and all business incidental thereto;
“Savings Bank branch” means an office at which Savings Bank business is transacted, and at which ledger accounts of depositors are kept;
“Savings Bank agency” means an office at which Savings Bank deposits are received and re-paid or received only, but at which ledger accounts of depositors are not kept;
“Savings Bank officer” means any officer appointed by the Governor to carry on Savings Bank business, and any officer acting as agent of the Bank in pursuance of section 52 of the Commonwealth Bank Act 1911-1925 shall come within this definition;
“Savings Bank year” means the twelve months ending on 30th June;
“the Secretary” means the Secretary to the Bank appointed in pursuance of the Act.

(2) The reference to forms are references to forms in the Schedule to these Regulations.

Declaration of fidelity or secrecy to be made by directors and members of London board.

4. The declaration to be made by each Director and member of the London Board, pursuant to section 15a of the Act, shall be in accordance with Form A.

Classification of officers.

5. The Board shall classify the officers and servants of the Bank and shall fix their remuneration from time to time.

Probationers.

6. Every probationer, on joining the service of the Bank, shall sign “Probationary Articles of Agreement” and a “Declaration of Secrecy”, and shall be assured by a bond for Five hundred pounds (penal) by a Fidelity Guarantee Society, approved by the Board, to secure his fidelity during his term of probation.

Officers.

7. Every officer, on his admission to the service of the Bank, shall be required to sign “Articles of Agreement” and “Declaration of Secrecy”

Duty of secrecy.

8. No officer, probationer or Savings Bank officer shall allow any person to have access to books or papers belonging to the Bank, nor shall he furnish extracts therefrom, nor give information of any kind relating to the business of the Bank (except to or on the order of a depositor in respect of his own matters) unless by direction and authority of the Board, the Governor or any other executive officer of the Bank, or under compulsion or obligation of law.

Superannuation Fund and Fidelity Guarantee Fund.

9.—(1) The Board may with the consent of the Treasurer provide for a Superannuation Fund and a Fidelity Guarantee Fund to be established and may make rules for the conduct of each of such Funds.

(2) Every officer shall subscribe to the Superannuation Fund and Fidelity Guarantee Fund in terms of the rules of the respective Funds.

(3) The Board may from time to time, out of the funds of the Bank, supplement the Funds to an extent approved by the Treasurer.

Delegation of authority.

10. The Board may, from time to time, when it considers it necessary or expedient, delegate any or all of the powers or authorities conferred upon it by these Regulations to the London Board, Governor, Deputy-Governor, Inspector, Superintendent, Manager or other officer.

Legal proceedings.

11. No legal proceedings on behalf of the Bank stall be initiated or carried on by any officer of the Bank unless and until sanctioned by the Board.

Authorities.

12.—(1) It shall not be incumbent on the Bank to examine any deed, articles or rules of any firm, company, society, local authority, club or body, to ascertain that the method specified in any authority as the method in which the account of the firm, company, society, local authority, club or body is operated upon is in accordance with such deed, articles or rules, and the Bank shall not be responsible in any way if such deed, articles or rules are in any way contravened.

(2) When an account is to be operated upon under power of attorney or probate, or letters of administration the original document shall, if required, be produced to the Bank, and such document, or a certified copy thereof, shall, if required, be lodged with the Bank.

Addresses of depositors.

13. Notice of any change in the address of any depositor of the Bank should be given by the depositor to the Bank as soon as possible after the change has taken place.

Decease of depositors.

14.—(1) In the event of the death of a depositor, no further withdrawal of funds shall be permitted except by the deceased’s personal representatives, after production of probate or letters of administration, unless the Board otherwise directs.

(2) The Bank shall not be responsible for any withdrawals of or other dealings with any funds of a deceased depositor before it has received formal notice of his death.

Quarterly statements of assets and liabilities, &c.

15. The Board shall furnish to the Treasurer of the Commonwealth Quarterly Statements of the Liabilities and Assets of the Bank, and of the business of the Bank, in accordance with Form B.

Half-yearly balance-sheet.

16. The balance-sheet to be prepared in accordance with section 20 of the Act shall be made up as on the 30th day of June and the 31st day of December in each year, and shall be in accordance with Form C or such other form as the Directors think fit and shall be prepared as soon as possible after those dates.

Part II.—General Banking Department.

General banking business of bank.

17.—(1) The Bank shall be open for the transaction of general banking business at such time and at such place as the Board directs.

(2) The Bank may, subject to the Act and these Regulations—

(a) receive money on current account;
(b) receive money on fixed deposit;
(c) issue bills and drafts;
(d) grant letters of credit;
(e) receive bills for collection;
(f) accept packets for safe custody;
(g) grant advances;
(h) discount or negotiate bills and drafts;
(i) deal in exchanges, specie, bullion, gold dust, assayed gold and precious metals;
(j) establish and conduct safe deposits;
(k) give guarantees and indemnities;
(l) act as trustee or agent, and act as agents for the inscription and registration of stock; and
(m) transact any other banking business,

on such terms and conditions and at such rates as the Board from time to time decides.

Current and fixed deposit accounts.

18.—(1) Any person wishing to open a current or fixed deposit account with the Bank may be required—

(a) to furnish the Bank with full information regarding his name, occupation and address;
(b) to furnish a specimen of his signature; and
(c) to furnish any further information which the Bank requires.

(2) Any firm wishing to open a current or fixed deposit account with the Bank may be required—

(a) to furnish the Bank with full information regarding the constitution, business and address of the firm;
(b) to furnish specimen signatures of all the partners or proprietors;
(c) to give the Bank an authority prescribing who shall operate on the account; and
(d) to give any further information which the Bank requires.

(3) Any company or society or other incorporated body wishing to open a current or fixed deposit account with the Bank may be required to furnish—

(a) a copy of its memorandum and articles of association or instrument of incorporation;
(b) an authority specifying the persons who are authorized to operate on the account, supported by relevant extracts from minutes, duly verified and specimen signatures of the persons so authorized; and
(c) any further information which the Bank requires.

(4) Any local authority, friendly society, charitable institution or other kindred body wishing to open a current or fixed deposit account with the Bank may be required to furnish—

(a) an authority specifying the officials who are authorized to operate upon the account together with their specimen signatures;
(b)the name and address of the official to whom the Bank is to address correspondence regarding the account; and
(c) any further information which the Bank requires.

Issue of bank cheques.

19. Unless the Board otherwise directs, no cheques shall be marked as “good” for customers. When a local payment has to be made and it would be inconvenient for a customer of the Bank to tender cash, a “bank cheque” may be issued, signed by two officers of the Bank.

Fixed deposit receipts not paid before maturity.

20.—(1) Fixed deposits shall not be paid before maturity unless with the approval of the Board, the Governor or other executive officer of the Bank.

(2) The instructions as to the disposal of an amount on fixed deposit shall be indorsed on the receipt, and signed by the payee, or his letter of authority given, unless the Board, the Governor or other executive officer of the Bank dispenses with such indorsement or authority.

(3) An acquittance by way of cheque may be required for all fixed deposits and also for interest thereon. A cheque or other specific authority may be required if the depositor wishes to place the whole or any part of the proceeds at maturity, or otherwise at the disposal of any person other than himself.

Death of fixed depositor.

21. In the event of the death of a fixed depositor, the money shall not be withdrawn or paid until probate or letters of administration have been obtained, and exhibited in the usual way, unless the Board, the Governor

or other executive officer of the Bank dispenses with their production. Such deposit may, however, with the approval of the Board, the Governor or other executive officer of the Bank be renewed with interest added in the name of the deceased.

Renewal of fixed deposits.

22. When a fixed deposit is renewed, a new receipt shall be issued with a new number.

Fixed deposit receipts lost.

23.—(1) In the event of a depositor losing his deposit receipt, particulars of loss shall be furnished to the Governor who shall decide whether the Bank will pay the depositor the amount of his receipt, and may require an indemnity in accordance with or to the effect of the Form CA, or any other security with an approved surety, accompanied by a statutory declaration setting out the facts and declaring that the document was not parted with for valuable or other consideration and such other evidence (if any) as the Governor requires.

(2) Where the law so requires the indemnity and receipt should be duly stamped by the persons executing them, but the absence of such a stamp shall not affect the validity of the document, or the rights of the Bank thereunder.

Part III.—Savings Bank Business.

Office hours for transaction of Savings Bank business.

24. Branches and agencies of the Savings Bank shall be open for the transaction of Savings Bank business on such days and during such hours as are directed by the Board.

By whom deposits may be made.

25. Deposits may be made by and in the name of—

(a) any person;
(b) an infant;
(c) any person as trustee for any other person;
(d) two or more persons in their joint names;
(e)any person in his individual name as a Trust Account for other persons, estates or interests;
(f) any person on account of, or for the purpose of, any enterprise, undertaking, business, occupation or calling carried on by him;
(g) any person jointly with different persons; and
(h)a local authority, friendly society, co-operative society or any other society or club.
The term “other society” may include hospitals, charitable institutions, penny savings banks, school committees, and religious, social or political bodies, but not any body or company engaged in, or formed for the purpose of, trading, or of acquiring pecuniary profit for distribution to shareholders, or other gain;

Provided always that the Board may refuse to accept any deposit from any person whom it may deem undesirable or inexpedient to admit or continue as a depositor and any deposit made by any such person may be returned to him.

Opening individual accounts.

26. Any person applying to open an account with the Savings Bank may be required—

(a) to furnish a specimen of his signature;
(b) to fill in and sign the necessary forms;
(c) to furnish any further information which the Bank may require;
(d) to receive from the Bank a pass-book or an interim receipt showing the amount of the deposit; and
(e) to sign an authority in the form laid down by the Bank if he wishes his account to be operated upon by one or more persons other than himself.

Opening joint accounts.

27.—(1) Persons desiring to open a joint account must furnish any particulars regarding themselves that may be required by the Bank, and shall sign the necessary forms. Such an account may be operated jointly or severally.

(2) When the parties to the account desire that the account shall be operated in some way other than by all parties thereto signing, an authority prescribing who shall operate the account, signed by all the parties thereto, may be required. In the event of the death of one or more of the joint depositors the account shall vest in the survivor or survivors. The Board may require such proof of death as it considers necessary.

Opening trustee account.

28. A person desiring to open an account as a trustee for some other person shall sign the forms directed by the Board for use for the purpose and furnish any information regarding himself and the cestui que trust that may be required by the Bank. The Board may require the signatures of both the trustee and the cestui que trust before any withdrawal from the account is permitted.

Opening of other accounts.

29. Any person desiring to open an account as defined in sub-sections (f) and (g) of regulation 25 shall sign the forms directed by the Board for use for the purpose and give any information regarding himself and the account that the Bank may require.

Depositors who cannot write.

30. A depositor who cannot write shall affix his mark to the forms directed by the Board for use for the purpose, and his mark must be witnessed. When opening an account such depositor shall furnish a keyword, give an impress of his finger prints and any other information which may be required by the Bank to assist in his identification.

The signature of a foreigner, if it is unintelligible, shall be treated as that of a marksman.

Deposits made by females.

31. A female desiring to open an account may be required to state whether she is married or single. When a female depositor changes her name by marriage she shall give notice of the change to the Savings Bank and sign the forms directed by the Board for use for the purpose.

Deposits on behalf of infants.

32. A person desiring to open an account on behalf of, and in the name of, an infant, shall sign the forms directed by the Board for use for the purpose. No withdrawals from the account shall be permitted until the infant in whose name the account has been opened attains the age of twelve years, or appears to the officer making the payment to have attained that age. The infant shall then furnish a specimen of his signature on the form, together with such evidence of his identity as is required by the Bank.

Accounts opened by proxy.

33. Any person opening an account as proxy for another person shall sign the forms directed by the Board for use for the purpose, on behalf of the depositor. In such cases the Bank may withhold the pass-book and refuse to authorize withdrawals from the account until a specimen signature on the form directed by the Board for use for the purpose, made by the depositor himself and witnessed by the proxy or other approved person is received by the Bank.

Accounts opened by post.

34. Any person may open an account by post by communicating direct with the Bank.

Local authority, friendly society, co-operative society, other society or club.

35. Any society or club as defined in sub-regulation (i) of regulation 25 shall furnish through the trustee, treasurer or other officer or officers of the society or club—

(a) the name and address of the responsible officer to whom communications from the Savings Bank are to be addressed;

(b)an authority directing who shall operate on the account and containing specimen signatures of such officers as have been authorized to sign withdrawal forms; and
(c) any further information or authorities which the Bank may require.

When any change is made in the personnel of the officer or officers authorized to sign withdrawal forms, a proper notification and, if necessary, a fresh authority shall be given to the Bank.

Notwithstanding anything contained in these Regulations, the Bank may receive deposits and pay withdrawals on such accounts, with or without production of the pass-book.

Pass-books.

36.—(1) When an account is opened, except as provided in regulation 33, at a Savings Bank branch a pass-book will be issued at once to the depositor.

(2) When an account is opened at a Savings Bank agency, an interim receipt will be issued at once to the depositor. On receipt of advice from the Savings Bank agency at the branch to which the agency is attached, a pass-book showing the amount deposited will be despatched by post to the address given by the depositor.

(3) The receipt by a depositor of a pass-book or an interim receipt shall be deemed to be an acknowledgment that the depositor has notice of the Act and the rules and regulations of the Bank relevant to its Savings Bank business and such Act, rules and regulations shall be binding on the depositor.

(4) The Bank may require production of the pass-book whenever a transaction is being effected with the Savings Bank. Depositors must examine their pass-books every time an entry is made therein before leaving the counter in the branch or agency at which the business is transacted.

(5) Every depositor’s pass-book shall be deemed to be the property of the Bank and shall be delivered up as and when required by the Bank. No entry made therein by an officer or a Savings Bank officer shall be erased or altered in any way whatsoever except by an officer or Savings Bank officer authorized to make an alteration in the pass-book, and no person shall make any entry in a pass-book nor mutilate a pass-book with intent to deceive.

(6) Should any irregularity in the pass-book come under the notice of a depositor, officer or Savings Bank officer, it must be reported at once to the Bank. Depositors shall be responsible for the control and safe custody of the pass-book issued to them. The Bank shall not be responsible for the consequences of any neglect on the part of depositors to properly control the pass-book.

(7) The form of pass-book to be issued to any friendly society, local authority, co-operative society or other society or club shall be such as the Board from time to time directs.

Loss of pass-book.

37.—(1) Should a depositor lose his pass-book, he shall be required—

(a) to give, in writing, immediate notice of the loss to the Bank;
(b) to make a statutory declaration as to his loss;
(c) to satisfy the Bank as to his identity; and
(d) to give the Bank a satisfactory indemnity in respect of the lost pass-book.

(2) When the above-mentioned conditions have been complied with, the Bank may, after the lapse of fourteen days from the date of receipt of notice by the Bank of loss, issue to the depositor another pass-book which shall contain an entry showing the depositor’s balance at credit as last recorded in the ledger.

Interest on deposits.

38. Interest stall be allowed on the balance to credit of a depositor on such terms and at such rates per centum per annum as the Board from time to time declares, provided that no interest shall be allowed on any sum less than One pound nor on any sum in excess of such limitation of amount as the Board may from time to time decide.

Withdrawals.

39. The Board may require such notice of withdrawal as it considers necessary, but it may authorize the presentation of the withdrawal form to be accepted as sufficient notice of withdrawal.

Procedure for making withdrawals.

40.—(1) Any depositor wishing to withdraw the whole or any part of the sum deposited in his name may be required—

(a) to fill in and sign the withdrawal form, in the form directed by the Board for use for the purpose; and
(b) to cause the withdrawal form, together with the pass-book, if required, to be presented to the Bank.

(2) If the withdrawal be in order the amount may be paid to the person presenting the withdrawal form and the entry be attested in the pass-book.

(3) The officers of the Savings Bank shall diligently endeavour to prevent fraud, and to identify every depositor transacting business with the Savings Bank; but should any person presenting a depositor’s pass-book, and producing a withdrawal form purporting to bear the signature of the depositor, or stating himself to be the depositor named therein, unlawfully obtain any deposit or sum of money from the Savings Bank during the hours of business the Bank shall not be responsible for the loss so sustained by such depositor nor be liable to make good the same.

Persons unable to write.

41. If a depositor cannot write the withdrawal form may be filled in by another person, but the depositor must affix his mark in the space provided for the signature, and such mark must be witnessed. He may also be required to give an impress of his finger prints on the withdrawal form. When the withdrawal form is presented for payment, the person presenting such form must, if required, furnish the keyword given when the account was opened, and any other information that may be required to establish the identity of the person who made the mark on the withdrawal form, with the depositor of the Bank.

Trustees.

42. The Board may—

(a) require proof of death of a trustee when a withdrawal form is presented signed by the survivor or survivors of the trustees authorized to sign withdrawal forms;
(b) require the signature of the cestui que trust in addition to that of the trustee or trustees;
(c) allow an alteration in the title of an account by substituting a new name for the name of an existing or deceased trustee; and
(d) in the event of there being no surviving trustee, pay the amount to the cestui que trust or continue the account in his name.

Withdrawals at saving bank.

43. Subject to regulation 39 a depositor may withdraw on demand any sum up to the amount standing to the credit of his account at a Savings Bank branch where his ledger account is kept. At any other Savings Bank branch a depositor may withdraw on demand such sum as the Board determines, provided his specimen signature is recorded at the Branch or such other evidence of identification as is required is supplied. The Board,

Governor or other executive officer of the Bank, may authorize branches to obtain verification of depositors’ balances by telegraph in any of the following ways:—

(a) Application to withdraw by post with reply by telegraph;
(b) Application to withdraw by telegraph with reply by telegraph; or
(c) Application to withdraw by telegraph with reply by post.

Withdrawals at Savings Bank agencies.

44.—(1) Subject to regulation 39 a depositor may withdraw any amount, not being in excess of the amount standing to his credit, at any Savings Bank agency, provided he gives such notice as is required to enable his signature and the balance appearing in his pass-book to be verified by reference to the records at the branch where his ledger account is kept.

(2) In cases of urgency depositors may arrange with the Savings Bank officer to telegraph to the branch where his ledger account is kept for authority to pay the amount he desires to withdraw, and the Savings Bank branch may authorize the Savings Bank officer by telegraph to pay the amount applied for by the depositor subject to such limitations to the amount that may be withdrawn on telegraphic advice as the Board determines, and subject also to the Savings Bank officer having sufficient cash to meet the withdrawal or to his being able to issue a cheque for the amount thereof.

(3) All costs incurred by the Bank for telegrams sent on behalf of depositor shall be paid by the depositor.

Withdrawal on demand at Savings Bank agencies.

45. Subject to regulation 39, a depositor may withdraw on demand at a Savings Bank agency in the following manner:—

(a) At an agency where his signature is registered he may withdraw on demand such sum in any one day as the Board determines, but no further sum shall be withdrawn until the balance showing in the depositor’s pass-book has been verified with the ledger account at the branch; or
(b) At an agency where his signature is not registered, he may provided he furnish evidence of his identity to the complete satisfaction of the Savings Bank officer, and always at the discretion of such officer, withdraw on demand a sum not exceeding such amount as is determined by the Board, but no further sum shall be withdrawn until reference has been made to the Branch where the ledger account is kept.

Exchange on deposits and withdrawals.

46. Depositors may be required to pay exchange on all amounts transferred or remitted from one point to another, either by way of deposit or withdrawal, at such rates of exchange as the Board from time to time determines.

Payment after death out of deposits not exceeding £100

47.—(1) All claims for money to credit of a deceased depositor, the mount of which does not exceed One hundred pounds, inclusive of interest, shall be made in writing and addressed to the branch where the depositor’s account is kept.

(2) In support of the claim the Board may require—

(a) a certified copy of the register of death;
(b) if the deceased was married, a certificate of marriage; or

(c) if deceased was a widow or widower, a complete list of the surviving children (if any) with their respective ages and addresses, and if no children, or if the deceased was unmarried, then a list of the surviving next-of-kin with all particulars.

Deposit book to be produced for inspection.

48. Each depositor shall produce his Savings Bank deposit book to the Bank for examination and verification with the books of the Bank at such times and places as the Board from time to time appoints.

Transfer of accounts.

49.—(1) The Bank may enter into arrangements with any Savings Bank, or banking authorities in the United Kingdom of Great Britain or in any State of the Commonwealth or in any British State, Dominion or Possession, or in any other country for the transfer, on such terms and conditions as are fixed by the Board, of all moneys of depositors from such Savings Bank or banking authorities to the Bank or from the Bank to such a Savings Bank or banking authority.

(2) Depositors desiring to transfer their accounts from one Savings Bank branch or agency to another Savings Bank branch or agency must give notice of their desire to effect such transfer and sign the necessary forms.

(3) A depositor wishing to transfer his account to another Savings Bank or banking authority shall make application to the Bank and sign the necessary forms.

Part IV.—Note Issue Department.

Record of bank notes issued.

50. The form in which every bank shall keep a record of bank notes issued or re-issued on and after the 1st day of July, 1911, and not redeemed by the bank at the close of business on Monday of every week shall be in accordance with Form D of these Regulations.

Copy of record to be sent to Treasurer.

51. The copy of such record, which is to be sent to the Treasurer on or before the 31st day of March in each year, in respect of the previous calendar year, shall be verified by a declaration in accordance with Form E of these Regulations.

Declaration.

52. The declaration in accordance with Form E to these Regulations may be made before any of the following persons:—A Police, Stipendiary or Special Magistrate of the Commonwealth or a State, a Justice of the Peace, a Commissioner for Affidavits, a Commissioner for Declarations or the Manager or Accountant of any branch of the Commonwealth Bank of Australia.

Weekly return of notes issued.

53. The form in which every bank shall as at the close of business on each Monday render a return showing the value of Notes issued under this Act held by the bank shall be in accordance with Form F of these Regulations.

Balance-sheet of Note Issue Department.

54. The Board shall prepare a balance-sheet of the Note Issue Department made up as on the 30th day of June and the 31st day of December in each year in accordance with Form G, submit it to the Auditor-General for report as to its correctness or otherwise, and transmit it with the report of the Auditor-General to the Treasurer, and shall also transmit a true copy of the balance-sheet and report to the President of the Senate and to the Speaker of the House of Representatives, to be laid before the Senate and the House of Representatives, respectively.

Part V.—Issue of Debentures by the Bank.

Debentures.

55.—(1) The Board may, from time to time, with the approval of the Treasurer, issue, sell, or otherwise deal with, debentures, or cause them to be issued, sold, or otherwise dealt with, in the Commonwealth, England and elsewhere.

(2) Debentures shall be payable as to principal and interest at such place or places as the Board from time to time decides, and shall be in accordance with Form H, and shall be signed by two Directors and countersigned by the Secretary. The signatures may be in handwriting or may be made by engraving, lithography or other mechanical process.

(3) The Board may at any time, at the request of the bearer of any debenture, issue Inscribed Stock of the same currency, on the same terms and conditions as to payment and otherwise, and bearing the same interest in lieu of the debenture.

(4) Requests for Inscribed Stock may be made to the Board in Sydney, or at such other place or places as the Board from time to time appoints.

(5) Requests for Inscribed Stock shall be in accordance with Form I or Form J and must be accompanied by the debenture which the applicant proposes to surrender. These forms, and all other specified forms, may be obtained from any office of the Bank upon application, either personally or by letter.

(6) Upon receipt of the request, a provisional receipt in accordance with Form K will be issued by the Bank, and must be surrendered when a certificate of inscription, in accordance with Form L, is issued.

Transfer.

56.—(1) Application for transfer of Inscribed Stock from one person to another shall be made in accordance with Form M.

(2) The transfer and acceptance shall be in accordance with Form N, and shall be fully signed (and in the case of a corporation, properly sealed), by both the transferror and transferree, who shall both be notified, in accordance with Forms O and P, respectively, of the completion of the transaction. In the case of a joint account, it will be sufficient if the first inscribed owner is so notified.

(3) No transfer will be permitted in a sum that is not a multiple of Ten pounds sterling.

Interest.

57.—(1) Interest on Inscribed Stock shall be payable at the Sydney office of the Bank, or at such other place or places as the Board from time to time appoints, or the interest warrants will be sent by registered letter to the following persons, at the risk of the stock-holders, in accordance with such of the Forms Q, R, S or T as are suitable, being duly filled up and forwarded to the Board at Sydney, or at such other place or places as the Board from time to time appoints, viz. :—

When there is a sole stock-holder; or a sole surviving stock-holder; or a sole executor or administrator of a stock-holder; or a sole surviving executor or administrator of a stock-holder, warrants may be sent:—
To the stock-holder or to his or her executor or administrator;
To his or her attorney, duly authorized under a letter of attorney which may be retained by the Bank; or
To any person, firm or company, duly authorized, whose discharge shall be full and sufficient.

When there are two or more stock-holders, warrants may be sent:—
To the first named stock-holder in the account, upon his sole request, provided the Bank has not received any written notice to the contrary from any other of the stock-holders;
To any stock-holder in the account upon the request of all the stock-holders;
To an attorney duly authorized under a letter of attorney, which may be retained by the Bank; or
To any person, firm or company upon the request of all the stock-holders, and the discharge of such person, firm or company shall be full and sufficient.

(2) Interest warrants sent by post may be cashed at any branch of the Bank within Australia, provided the person or persons in whose favour they are drawn is or are known to the Manager, or produce satisfactory identification, and provided also that the funds at the disposal of the branch Manager will permit; but payment cannot be demanded, except in the capital cities of Australia; or interest will be paid to credit of account in any head or principal banking office in Sydney, for transmission to a like credit in any branch banking office within Australia, upon request in accordance with Form T.

(3) Interest warrants will be drawn to order, and must be indorsed before payment.

(4) The balance for the half-yearly interest will be struck ten days before the interest becomes due, and no transfers will be registered during that period.

(5) Forms of request may be delivered at any date, either by hand or through the post; but when received between the day on which the balance for interest is struck and the day upon which the interest is payable, the warrants for such next interest will be forwarded as soon as possible, but the Bank will not guarantee their being posted on the day before the interest is payable.

(6) Any change of address of the person to whom the warrants are sent should be notified at once to the Board. When any such notification (which should contain the name and amount of the stock) reaches the Board less than three clear days before the next interest is due, the Bank cannot undertake to record or recognize it until after payment of such next interest.

(7) In the absence of any notification to the contrary it will be taken for granted that interest warrants sent by post have duly reached their destination. When they are not received on the correct day, notice should be given to the Bank without delay.

(8) Instructions to transmit warrants by post or to pay to credit of an account in a Bank will, unless cancelled in writing, remain in force although the stock may have been added to or a part sold.

(9) Interest on stock inscribed in the name of an infant, or in the name of a person of unsound mind, jointly with others not under legal disability, may be paid as directed by the holders, other than those under disability, and without the concurrence of the infant or person of unsound mind upon such proof as the Board requires being lodged with the Bank.

(10) The Bank shall not be bound by or recognize any trust and the registered holder or holders shall be deemed the beneficial owner or owners, notwithstanding any trust or equity, or any other notice thereof to the Bank.

(11) Forms U or V should be used when notifying any change of address.

(12) Forms W or X should be used for application for issue of a form of letter of attorney.

Letters of attorney.

58. Letters of attorney for the purpose of Inscribed Stock may be in accordance with Forms Y, Z or AA, as the case requires, and should be left at the Sydney office of the Bank, or at such other place or places as the Board from time to time appoints, for security at least seven clear days before they are to be acted upon. All such documents will remain the property of the Bank.

Transmission.

59. If any stock has become transmitted in consequence of death, bankruptcy or insolvency of any holder, or for any other reason, the application for transmission shall be authenticated in such manner as the Board requires, and should be verified by probate of will, letters of administration or an office copy of the adjudication, or order of sequestration, or vesting order, as the case may be, or in such other manner as the Board requires. Probates and letters of administration and other documents should be exhibited at the Sydney office of the Bank, or at such other place as the Board appoints at least seven clear days before Inscribed Stock effected by them can be dealt in.

Exchange of inscribed stock for debentures.

60.—(1) The Board may at any time, at the request of the holder of any Inscribed Stock, issue debentures of the same currency for the same amount, and bearing the same interest as the Inscribed Stock.

(2) Requests for the issue of debentures in lieu of Inscribed Stock may be made in Form AB.

(3) Upon the debentures being issued, the Inscribed Stock, in lieu of which the debentures were issued, shall be cancelled and a note thereof made in the books of the Bank.

Part VI.—Appeal Board.

Lodging of appeals by officers.

61. An officer affected in his employment by the action of any authority of the Bank other than the Board may lodge an appeal to the Board, such appeal to be lodged with the Governor within 30 days of the notification to the officer of such action.

Election of representative of officers.

62. The representative of the officers of the Bank shall be elected in the following manner:—

(a) Nominations shall be called by the Governor not later than the 1st day of March in each year and shall be returnable to Head Office to reach there not later than the 1st day of April in each year.
(b) Nominations shall be signed by ten officers and shall be endorsed by the nominee signifying his willingness to act if elected.
(c) Any officer of the Bank who has attained the age of 21 years shall be eligible for nomination.
(d) If two or more officers are nominated the Governor shall appoint a Returning Officer to control the ballot.
(e) Nomination shall be notified to the various branches by the Governor and an election by secret ballot shall be taken throughout the service on the first working day in the month of May.
(f) All salaried members of the permanent staff of the Bank who have attained the age of 21 years shall be eligible to vote.

(g) A Deputy Returning Officer shall be appointed at each branch at a general meeting of not less than two-thirds of the staff. He shall conduct the election at his respective branch and having secured the ballot-papers of all officers voting shall forward the papers to the Returning Officer.
(h) The election shall be decided in favour of the candidate receiving the highest number of votes.
(i) The counting of votes shall be made at Head Office under the supervision of the Returning Officer who shall notify the Governor of the result within 25 days of date of ballot.
(j) The result of the voting shall be made known to the various branches by the Governor within 30 days of date of ballot.

Tenture of office of representative.

63. The tenure of office of the representative of the staff shall be for twelve months from the date of declaration or until such time as his successor is appointed.

Appointment of deputy of representative.

64. The representative of the staff may appoint a deputy to act for him on the Board if he is unable to attend through temporary incapacity or during periods of leave, but should he be incapacitated or absent for a period exceeding three months it shall be competent for the staff, if a majority so decide, to elect a new representative in his place to hold office until the next annual election.

Removal of representative.

65. If at any time a majority of the staff signs a petition for the removal of their representative then his position shall be declared vacant and a new representative shall be elected in his place to hold office until the next annual election.

Appeals.

66.—(1) All appeals shall be referred by the Board of Directors to the Appeal Board within seven days of the date on which they are lodged

(2) The Governor shall communicate to the appellant the decision in writing within seven days after the Board of Directors has decided the Appeal.

Part VII.—Miscellaneous.

Repeal.

67. The Commonwealth Bank Regulations 1915 (being Statutory Rules 1916, No. 72, as amended by Statutory Rules 1917, No. 10; 1920, No. 259; 1921, Nos. 172 and 193; 1924, Nos. 2, 30 and 151; and 1925, Nos. 74 and 104) are hereby repealed.

THE SCHEDULE.

Regulation 4.

FORM A.

Commonwealth Bank Act 1911-1925.

Declaration of Secrecy and Fidelity.

I of being a Director/memberof the London Board appointed under the Commonwealth Bank Act 1911—1925, do solemnly and sincerely declare that I will faithfully perform the duties of Director/member of the London Board, that I will to the best of my ability uphold the interests of the Commonwealth Bank and that I will not directly or indirectly communicate or divulge any information which comes to my knowledge in the discharge of my duties as such Director/member of the London Board except when required or authorized so to do by the Directors of the said Bank or by a Court of Law or by the person to whom such matters relate and, generally in relation to the business of the Commonwealth Bank, I will at all times maintain secrecy and fidelity.

Declared before me at this day

of 19 .

Justice of the Peace.
Commissioner for taking Affidavits.
Commissioner for Declarations.

FORM B.

Regulation 15.

Commonwealth Bank of Australia.

STATEMENT OF LIABILITIES AND ASSETS ON THE DAY

OF 19 .

Liabilities.				Assets.
£	s.	d.	£	s.	d.
Capital Account..............................	Coin Bullion and Cash Balances
Reserve Fund..................................	Australian Notes...........................
Deposits.........................................	Money at Short Call in London
Bills Payable and Other Liabilities...	Investments— British, Colonial and Government Securities (Face Value ).................
Savings Bank Department...............
Depositors’ Balances.......................
Fixed Deposits of Other Banks
Bills Receivable, Bills Discounted, Loans and Advances to Customers and other sums due to the Bank ...........................
Bank Premises..............................
Total General Bank and Savings Bank Departments..........................	Total General Bank and Savings Bank Departments........................
		Note Issue Department....................	Note Issue Department..................
Total..........................	£	Total..........................	£

We certify that the above Statement of Liabilities and Assets, compiled from Statements furnished by the several Officers of the Bank, is correct.

Secretary.
Governor.
Branch Accountant. Sydney.

Commonwealth Bank of Australia.

SAVINGS BANK DEPARTMENT.—SUMMARY OF BUSINESS TRANSACTED DURING THE QUARTER ENDED 19 .

State.	Deposits.		Withdrawals.		Net Result Increase in Depositors’ Balances. X Decrease.	Interest Credited to Depositors’ Accounts.	Accounts			Depositors’ Balances at this Date.
	No.	Amount.	No.	Amount.			Opened.	Closed.	Total open at this Date.
New South Wales
	Victoria
Queensland
South Australia
Western Australia
Tasmania
Northern Territory
	Papua and New Guinea
London..

We certify that the above Statement, compiled from returns furnished by the several Officers of the Bank, is correct.

Secretary.
Governor.
Branch Accountant. Sydney.

Form C.

Regulation 16.

AGGREGATE BALANCE SHEET

of the Commonwealth Bank of Australia at 19

Liabilities.	Assets.
£	s.	d.	£	s.	d.
Capital Account............................... Reserve Fund................................... Deposits, Accrued Interest, and Rebate Bills Payable and other Liabilities..... Savings Bank Department— Depositors’ Balances (with Interest Accrued)................................	Coin, Bullion, and Cash Balances...... Australian Notes............................... Money at Short Call in London Investments— British, Colonial, and Government Securities (face value.............. ) Commonwealth Government Securities (face value ) Fixed Deposits of other Banks Bills Receivable in London and Remittances in Transit..................................... Bills Discounted, Loans and Advances to Customers and other sums due to the Bank Bank Premises.................................
Contingent Liabilities— Outstanding Credits per Contra	Liabilities of Customers and others on Letters of Credit per Contra................
Total General Bank and Savings Bank Departments........................... Note Issue Department......................	Total General Bank and Savings Bank Departments........................... Note Issue Department......................
£	£

Profit and Loss. Cr.

£	s.	d.	£	s.	d.
To Reserve Fund..............................	By Profits for half-year ended ).................. Banking Business....................... Note Issue Department................
National Debt Sinking Fund Commonwealth Treasury (being Profits of Note Issue Department).........................
£	£

Dr. Reserve Fund. Cr.

To Balance.....................................

By Balance.....................................

Transfer from Profit and Loss Account of one-half of the Net Profits of Banking Business.....

£

Form CA.

Regulation 23.

COMMONWEALTH BANK OF AUSTRALIA.

Form of Indemnity.

In consideration of the Commonwealth Bank of Australia paying to the bearer the sum

of....................................................... , being the amount fixed deposit receipt No......................... dated , payable on .........................................

to.......................................................................... , which fixed deposit receipt has been lost

........................................................ and cannot be produced by the said...................................... , I promise and agree to hold the Band indemnified against all actions and suits, claims or demands, which may be brought or made on the said fixed deposit receipt, or in respect of the moneys therein referred to, and also against all costs, charges and expenses which the Bank may pay or incur in consequence of making the aforesaid payment to the bearer hereof.

Signature of Surety.

..................................... day of

Received from the Commonwealth Bank of Australia the above-mentioned sum of

..................................... , and I agree to hold the Bank indemnified against all actions or suits, claims and demands which may be brought, or made upon, or in respect of the above-mentioned fixed deposit receipt, or in respect of the moneys therein referred to, and also against all costs, charges and expenses which the Bank may pay or incur in consequence of paying the above-mentioned sum to me.

Signature of the receiver of the money.

Form D.

Regulation 50.

COMMONWEALTH OF AUSTRALIA.

Commonwealth Bank Act 1911-1925, section 60m.

Record of all bank notes issued or re-issued by the Bank of on and after the first day of July, 1911, and not redeemed by the Bank at the close of business on Monday of every week:—

Dates of the Several Mondays of the

Year 19

Face Value of Notes Issued or Re-issued and Not Redeemed.

Form E.

Regulation 51.

DECLARATION.

I being of the Bank of do solemnly and sincerely declare as follows:—

(1) That the above is a true copy of a record kept in the above bank.
(2) That, to the best of my knowledge and belief the record above referred to is a correct record of all Notes which were issued or re-issued by the Bank on and after the first day of July, 1911, and which were not redeemed by the Bank at the close of business on each Monday in the year ended the thirty-first day of December, 19

Declared at the day of 19 .

(Signature of Declarant.)

Before me *

* The person before whom this declaration is taken to sign here, and add the title by which he takes the declaration, such as “Police Magistrate”.

Form F.

Regulation 53.

Statement to be rendered by every Bank to the Chairman of Directors, Note Issue Department, Commonwealth Bank of Australia, Sydney, vide Commonwealth BankAct 1911-1925, section 60n.

Weekly Statement of Australian Notes held at close of business on Monday, 19 , by (name of bank)

Amount held by this Bank at all Branches, £

(State amount in words)

Bank

Stamp.

(General Manager, Inspector, or Chief Accountant, or as the case may be.)

Date

Form G.

Regulation 54.

Commonwealth Bank of Australia.

BALANCE-SHEET OF NOTE ISSUE DEPARTMENT AT 19

Directors:

£	s.	d.	£	s.	d.
Notes in Circulation.......................	Gold Coin and Bullion...................
Debentures and other Securities
Other Assets..................................
£	£

For and on behalf of the Board,
Chairman of Directors.

Form H.

Regulation 55 (2).

Form of Debenture.

COMMONWEALTH OF AUSTRALIA.

Commonwealth Bank of Australia.

No £.

This Debenture is issued by the Commonwealth Bank of Australia, in pursuance of the Commonwealth Bank Act 1911-1925 and entitles the bearer to the sum of pounds

sterling with interest thereon at the rate of pounds per centum per annum to be paid to the bearer by the Bank, subject to the said Act and the terms specified in this Debenture.

(a) The payment of the principal and interest due in respect of this Debenture is by the said Act, guaranteed by the Commonwealth, and the Consolidated Revenue Fund of the Commonwealth is by the said Act appropriated for that purpose.

(b)Interest will be repayable half-yearly on the day of and

the day of in each year, and annexed to this Debenture are twenty coupons each providing for a half-year’s interest, and such interest will be payable only on

presentation of the coupon referring thereto. After the day of (ten years after date), and at the expiration of each succeeding period of ten years, the bearer of the appropriate voucher, on presentation thereof, will be entitled to the issue of fresh coupons for a further period of ten years.

(c) The principal sum of £ will be paid to the bearer hereof between

the day of 19 and the day of

19

, such date of payment to be fixed in the following manner:—

(d)The Bank to have the right to pay such principal sum on the 19 (ten years after date of issue) on giving not less than twelve months’ prior notice of its intention so to do in the manner prescribed. If such notice is not given, this Debenture to remain current for a further period of ten years, being then repayable on not less than twelve months’ prior notice being given in the manner prescribed. If such notice is not given, this Debenture to remain current for another period of ten

years, and so on in even periods of ten years until the final date of maturity is reached, or the principal sum paid, whichever first occurs. Subject in all cases to twelve months’ previous notice of intention to pay being given in the prescribed manner.

(e) Notice of intention to pay the principal sum shall be given by advertisement in the Commonwealth Government Gazette, and in at least one daily newspaper published in each of the capital cities of Australia, or in such other place or places (if any) as the Board considers expedient or proper.

(f) The delivery to the Bank of this Debenture, and each of the coupons, shall be a good discharge for the principal moneys and interest therein respectively specified.

Dated this day of 19 .

(Common Seal of Bank.)

Director.

Countersigned

Director.

Secretary.

Form I.

Regulation 55 (5).

Provisional Receipt No.

Certificate of Inscription No.

APPLICATION FOR INSCRIBED STOCK.

(A Separate Form must be used for each parcel of Stock.)

(Place)—

(Date)—

Sir,

beg to apply for the issue of pounds of Inscribed Stock under the provisions of the Commonwealth Bank Act 1911-1925 in lieu of Debentures of the Bank for the same amount, and which are forwarded herewith.

The Stock is to be inscribed in the name given in the Schedule below.

£

:

have the honour to be,
Sir,
Your obedient Servant,

(Ordinary Signature of
party or parties, or
of Broker)

The Registrar of Stock,

Commonwealth Bank of Australia,
Sydney.

——

Schedule.

Name or Names in which Stock is to be inscribed (where the Account is a joint one, it must be so specified).		Calling.	Address.	Amount of Stock.
Surname.	Christian Name.

* Must be stated in full; this is essential.

Trusts will not be recognized.

Form J.

Regulation 55 (5).

Provisional Receipt No.

Certificate of Inscription No.

APPLICATION FOR INSCRIBED STOCK.

(For Corporate Accounts.)

(A separate Form must be used for each parcel of Stock.)

(Place)—

(Date)—

Sir,

I beg to apply for the issue of pounds of Inscribed Stock, under the provisions of the Commonwealth Bank Act 1911-1925 in lieu of Debentures of the Bank for the same amount, and which are forwarded herewith.

The Stock is to be inscribed in the name of [the name of the Bank, Company or Society must be stated in full, and, if incorporated by Act of Parliament, the number of the Act must be given].

£

:

I have the honour to be,
Sir,
Your obedient Servant,
Signature of Secretary, Manager or other authorized Officer—

The Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

Form K.

Regulation 55 (6).

PROVISIONAL RECEIPT.

(To be exchanged for Certificate of Inscription.)

Commonwealth Bank of Australia,
Sydney, 19 .

Received from

Debentures for the sum of

to be exchanged for Stock

amount and to be inscribed

This Receipt must be handed in to the Bank at Sydney to be exchanged for a Certificate of Inscription.

pounds

of the Bank for the same

in the name of

Registrar of Stock.

Form L.

Regulation 55 (6).

CERTIFICATE OF INSCRIPTION.

(Under the Commonwealth Bank Act 1911-1925.)

No.

This is to certify that, pursuant to

Bank Act 1911-1925, there hath been

of

Commonwealth Bank of Australia,

is this day inscribed in the Books of

the said Stock.

The Certificate is neither trans

only as evidence of the Inscription

Dated at the Bank, Sydney, this

This Certificate is valueless either for the purposes of Transfers or for Negotiation.

the provisions of the Commonwealth

issued to

pounds of Inscribed Stock of the

and that the name of the said

Record of the Bank as the holders of

ferable nor negotiable, and is issued

of the Stock at the date hereof.

day of 19 .

Entered in the Books of Record at the Bank.
Registrar of Stock.

Form M.

Regulation 56 (1).

No. of Transfer:—

Commonwealth Bank Inscribed Stock.

APPLICATION FOR TRANSFER.

To the Registrar of Stock,

Commonwealth Bank of Australia,

at Sydney.
Please have the undermentioned Transfer of Commonwealth Bank Inscribed Stock prepared.

From

who resides at

and is a

pounds Commonwealth Bank Inscribed

Stock to

who resides at

and is a

(Signature)—
(Address)—
(Date)— 19
Witness—

[Insert full names, addresses and occupations.]

N.B.—This form should be signed by the proprietor of the Stock or his authorized agent. Insert full name, address and occupation.

Form N.

Regulation 56 (2).

No.

Commonwealth Bank Inscribed Stock.

ACCEPTANCE AND TRANSFER.

Stock Ledger Fol.

Entered.

Examined

Stock-holders

identified by

I/We hereby assign and transfer unto his/their executors, administrators or assigns, the sum of

...........................................................................................................

pounds Commonwealth Bank Inscribed Stock, and all property and interest in and right to the same, and to the interest accrued thereon.

As witness hand this day of 19 .

Witness—

I/We hereby accept the Stock mentioned above transferred into my/our name .

Witness—

....................................................................................................................................................

The witness must be a Justice of the Peace, Commissioner for Affidavits, Commissioner for Declarations or Notary Public.

Form O.

Regulation 56 (2).

Commonwealth Bank Inscribed Stock.

NOTICE TO TRANSFEROR.

No. Date.

To

I beg to inform you that

tion of

of Stock has been inscribed in

Folio

This document is valueless either for purposes of Transfer or for Negotiation.

in accordance with your applica- 19 .

pounds

the name of

Registrar.

To be printed on back.

Unless otherwise instructed, the Registrar will forward by post an Interest Warrant to the registered address of the owner, or of the owner whose name is first inscribed in a joint account, on each due date. If the Warrant is not received on the correct day, notice should be sent to the Registrar without delay.

If requested, the Registrar will pay the Interest to a Banking Account (except a Savings Bank Account), or to another person.

Any change of address of the owner of Stock, or of the person to whom Warrants are sent, should be notified at once to the Registrar. When any such notification (which should state the name and amount of the Stock) reaches the Registrar less than three clear days before the next Interest is due, the Registrar cannot undertake to record it until after the payment of such next Interest.

Upon application to the Registrar, Stock may be exchanged for Debentures upon payment of the prescribed fee. Stock can only be inscribed in multiples of £10.

Form P.

Regulation 56 (2).

Commonwealth Bank Inscribed Stock.

NOTICE TO TRANSFEREE.

No.

Date

To

I beg to inform you that

acceptance of

of Stock has been inscribed in

Folio

This document is valueless either for purposes of Transfer or for Negotiation.

in accordance with your

19

pounds

the name of

Registrar.

To be printed on back.

Unless otherwise instructed, the Registrar will forward by post an Interest Warrant to the registered address of the owner, or of the owner whose name is first inscribed in a joint account, on each due date. If the Warrant is not received on the correct day, notice should be sent to the Registrar without delay.

If requested, the Registrar will pay the Interest to a Banking Account (except a Savings Bank Account), or to another person.

Any change of address of the owner of Stock, or of the person to whom Warrants are sent, should be notified at once to the Registrar. When any such notification (which should state the name and amount of the Stock) reaches the Registrar less than three clear days before the next Interest is due, the Registrar cannot undertake to record it until after the payment of such next Interest.

Upon application to the Registrar, Stock may be exchanged for Debentures upon payment of the prescribed fee. Stock can only be inscribed in multiples of £10.

Form q.

Regulation 57 (1).

(One Signature.)

REQUEST FOR TRANSMISSION OF INTEREST WARRANTS BY POST.

To the Registrar of Stock,
Commonwealth Bank of Australia, Sydney.
£ [Amount of Stock] standing in the name of [Full particulars of Account as it stands in the Stock Books].
I shall be obliged by your forwarding all Interest Warrants due, and to become due, and payable on the above-mentioned sum of Stock, or on the amount for the time being so standing
to [“me”; or name in full of the person, firm or company to whom the Warrants are to be sent], at [address to which Warrants are to be sent; if “me” is inserted above, strike out these words], whose receipt on my behalf shall be your quittance.

And I hereby agree to save harmless and keep indemnified the Commonwealth Bank of Australia against all claims and demands which may be made upon the Bank by reason of the carrying out of these instructions.

Signature of Stock-holder or of his or her executor or administrator, or of surviving stock-holder, or of his or her executor or administrator, or his or her duly constituted Attorney, as the case may be.

Dated , 19
'

Form R.

Regulation 57 (1).

(Two or more Signatures.)

REQUEST FOR TRANSMISSION OF INTEREST WARRANTS BY POST.

To the Registrar of Stock,

Commonwealth Bank of Australia, Sydney,
[Amount of Stock] standing in the name of [Full particulars of Account as it stands in the Stock Books].
We shall be obliged by your forwarding all Interest Warrants due, and to become due, and payable on the above-mentioned sum of Stock, or on the amount for the time being so standing to [name in full of the person, firm or company to whom the Warrants are to be sent], at [address to which Warrants are to be sent], whose discharge will be full and sufficient.
And we hereby agree to save harmless and keep indemnified the Commonwealth Bank of Australia against all claims and demands which may be made upon the Bank by reason of the carrying out of these instructions.

This form must be signed by all the Stock-holders, or by all the surviving Stockholders, or, where all the Stock-holders are deceased, by the executors or administrators of the Stock-holders, in joint account, last deceased, or by a properly constituted Attorney, as the case may be.

[Signatures]

Date— 19 .

Form S.

Regulation 57 (1).

(Corporate Account.)

REQUEST FOR TRANSMISSION OF INTEREST WARRANTS BY POST, OR FOR PAYMENT TO CREDIT IN A BANK.

To the Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

£[Amount of Stock] standing in the

name of [Full particulars of Account as it stands in the Stock Books].
You will oblige by forwarding all Interest Warrants due, and to become due and payable on the above-mentioned sum of Stock, or on the amount for the time being so standing, to (a)[The name of the corporate body; or name in full of the person, firm, or company to whom the Warrants are to be sent; or if it be desired that the interest be paid to credit of account in a bank it should be so stated], at (b) [Address to which Warrants are to be sent], (c) [If the name of the corporate body holding the Stock is inserted above, strike out these words], whose signature shall be your full and sufficient discharge.

(l.s.)

This form must be sealed and signed in accordance with the Minute, Resolution, Articles of Association or Statutes regulating the use of the seal of the Corporate Body.

Form T.

Regulation 57 (1).

REQUEST FOR PAYMENT OF INTEREST TO CREDIT OF ACCOUNT IN A BANK.

To the Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

£ [Amount of Stock] standing in the

name of [Full particulars of Account as it stands in the Stock Books].
As the person entitled to the Interest on the above-mentioned sum of Stock [I or we] hereby request you to pay the Interest due, and to become due, and payable on the said sum of Stock, or on the amount for the time being so standing, until further notice, to [state here the bank, and the account to credit of which the Interest is to be placed, and if for transmission to a branch it should be stated], whose discharge will be full and sufficient.

[Sign here.]

In the case of joint Stock-holders, or of joint surviving Stock-holders, all must sign; or, where all the Stock-holders in joint account are dead, the executor or administrator, or executors or administrators, as the case may be, of the Stock-holder, in joint account, last deceased, or a properly constituted Attorney, must sign.

Date 19

Form U.

Regulation 57 (11).

CHANGE OF ADDRESS IN CONNEXION WITH INSCRIBED STOCK.

Request for the Alteration of Permanent Address.

(Date) 19
(Place)—[To include Post Town].
Sir,
I shall feel obliged by your altering my address in the Books of Record of the Bank from that given above to
I am, Sir,
Your obedient Servant,
[Sign here].

To the Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

N.B.—If the Stock-holder wishes to alter the address to which Interest Warrants are sent by post, he should use Form “V”, which may be obtained either by personal application at any office of the Bank or by written application to the Registrar of Stock, Commonwealth Bank of Australia, Sydney.

Form V.

Regulation 57 (11).

CHANGE OF ADDRESS IN CONNEXION WITH INSCRIBED STOCK.

Request for the Alteration of an Address to which Interest Warrants are sent by Post.

(Date)— 19 .
Sir,
[I or we] shall feel obliged by your sending the Warrants for future Interest to [insert here the word “ me”, or the name of the person, firm or company to whom it has been customary to send the Warrants], at [the post town must be stated], instead
of at
[I am, or we are], Sir,
Your obedient Servant,
[Signature or Signatures.]

To the Registrar of Stock.

Commonwealth Bank of Australia, Sydney.

N.B.—If the Stock-holder wishes his permanent address (i.e., the address of which he is described in the Stock Books as distinct from the address to which warrants are sent) to be altered, he should make his request upon one of the forms provided for the purpose, and which may be obtained either by personal application at any office of the Bank, or by written application to the Registrar of Stock, Commonwealth Bank of Australia, Sydney.

Form W.

Regulation 57 (12).

APPLICATION FOR ISSUE OF A FORM OF LETTER OF ATTORNEY.

(For use of Stock-holders.)

(Place)—

(Date)—

Sir,

Please issue a Form of Letter of Attorney for sale of Stock standing in [my or our] name.
Your obedient Servant,

In the case of a joint account, this must be signed either by the First Stock-holder, or, failing that, by the Stockholders.

The Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

Form X. Regulation 57 (12).

APPLICATION FOR ISSUE OF A FORM OF LETTER OF ATTORNEY.

(For use by Brokers or Agents.)

(Place)—

(Date)—

Sir,

Please issue to [me or us] a Form of Letter of Attorney for dealing by way of [“Sale” or “Purchase” or “Disposal of Dividends”, as the case may require] in Stock inscribed in the name of [Full particulars of the account must be stated here].
Your obedient Servant,
[Signature of Broker or Agent.]

The Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

Form Y.

Regulation 58.

POWER OF ATTORNEY FOR SALE OF INSCRIBED STOCK.

Know all Men by these Presents that I, ,

of do make, constitute and

appoint of

my true and lawful Attorney for me and in my name and

on my behalf to sell, assign and transfer £ of Inscribed Stock of the Commonwealth Bank of Australia now standing in my name: Also, to receive the consideration money and give a receipt or receipts for the same, and to do all lawful acts requisite for effecting the premises, hereby ratifying and confirming all that my said Attorney shall do therein by virtue hereof: And I hereby declare that all acts which shall be done in pursuance hereof before the Registrar of Stock of the Commonwealth Bank of Australia shall have notice of the revocation hereof by death or otherwise shall be binding on me, my heirs, executors and administrators, notwithstanding such revocation before such acts shall have been done.

In witness whereof I have hereunto set my hand the

day of , in the year of our Lord One thousand nine hundred and

Signed by the said

in the presence of—

N.B.—Where a Letter of Attorney is executed out of Australia, it is necessary, in addition to the usual witnesses, that a document be attested by His Majesty’s Consul or Vice-Consul, a Magistrate or Notary Public.

*** You are particularly desired to attend to the instructions for executing Letters of Attorney, which are on the other side, as a want of proper attention to them may vitiate the document.

Instructions for Executing Letters of Attorney, which should be Strictly Observed.

The date to be inserted at the time of execution in words at length, and not figures.

The execution must be attested by two witnesses, and their places of abode and quality must be written against their names; and, where they reside in a town, the number of the house and name of the street should be added.

Where Letters of Attorney are executed by more than one person, the subscribing witnesses must insert in the attestation the name of the party or parties whose execution they attest; and if the parties do not all execute at the same time, and in the presence of the same witnesses, the words “Signed by in the presence of us” must be repeated in each attestation.

Every Letter of Attorney that is executed by a mark, instead of a written name, must be witnessed by a Justice of the Peace, or an approved Broker, or a Clerk of a Court, and the witnesses must declare that the Power has been read and fully explained to the party.

If any alteration, interlineation, or erasure be made in a Letter of Attorney, it must be particularly stated in the attestation subscribed by the witnesses, and that it was done previous to execution.

Regulation 58.

Form Z.

POWER OF ATTORNEY TO PURCHASE INSCRIBED STOCK FROM AN EXISTING STOCK-HOLDER.

Know all Men by these Presents that I,

of , do hereby nominate, constitute and appoint, and in my place

and stead put and depute, , of ,

my true and lawful Attorney for me, and in my name and on my behalf to purchase all or any part of

£ of the Inscribed Stock of the Commonwealth Bank of Australia, and also to accept a Transfer or Transfers of such Stock. And for me, and in my name, and as my act and deed, to sign, execute and deliver the aforesaid Transfer or Transfers, or any duplicate or duplicates thereof, and any other document or documents which may be necessary, and to submit to all the rules and regulations now existing, or which may hereafter be made by the Board of the Bank in respect of such Stock; and to do all other acts which shall be thought expedient or proper in order to acquire for me all the rights incident to such Stock, I hereby ratifying and confirming, and agreeing to ratify and confirm all and whatsoever my said Attorney shall lawfully do or cause to be done in the premises by virtue hereof: And I direct that all acts which shall be done in pursuance hereof, before the Registrar of Stock of the Commonwealth Bank of Australia shall have notice of my death, or the revocation of the authority hereby given, shall be binding on me, my heirs, executors and administrators, notwithstanding my death or the revocation of such authority before such acts shall have been done.

In witness whereof I have hereunto set my hand at

this day of , in the year of our Lord One thousand nine hundred and

Signed by the said

in the presence of

of

and

of

N.B.—Where a Letter of Attorney is executed out of Australia, it is necessary, in addition to the usual witnesses, that the document be attested by His Majesty’s Consul, or Vice-Consul, a Magistrate or Notary Public.

*** You are particularly desired to attend to the instructions for executing Letters of Attorney, which are on the other side, as a want of proper attention to them may vitiate the document.

Instructions for Executing Letters of Attorney, which should be Strictly Observed.

The date to be inserted at the time of execution in words at length, and not in figures.

The execution must be attested by two witnesses, and their places of abode and quality must be written against their names; and, where they reside in a town, the number of the house and name of the street should be added.

Where Letters of Attorney are executed by more than one person, the subscribing witnesses must insert in the attestation the name of the party or parties whose execution they attest; and if the parties do not all execute at the same time, and in the presence of the same witnesses, the words “Signed by in the presence of us” must be repeated in each attestation.

Every Letter of Attorney that is executed by a mark, instead of a written name, must be witnessed by a Justice of the Peace, or an approved Broker, or a Clerk of a Court, and the witnesses must declare that the Power has been read and fully explained to the party.

If any alteration, interlineation or erasure be made in a Letter of Attorney, it must be particularly stated in the attestation subscribed by the witnesses, and that it was done previous to the execution.

Form AA.

Regulation 58.

POWER OF ATTORNEY TO RECEIVE INTEREST.

Know all Men by these Presents that I

of , do make, constitute and appoint

of , my true and lawful Attorney for me, and in my name and on my behalf to receive and give Receipts for all Interest that is now due, and that shall hereafter become due on any Inscribed Stock of the Commonwealth Bank of Australia now or at any time hereafter held by me, and to do all lawful acts requisite for effecting the premises, I hereby ratifying and confirming all that my said Attorney shall do therein by virtue hereof: And I hereby declare that all acts which shall be done in pursuance hereof before the Registrar of Stock of the Commonwealth Bank of Australia shall have notice of the revocation hereof by death or otherwise shall be binding on me, my heirs, executors and administrators, notwithstanding such revocation before such acts shall have been done.

In witness whereof I have hereunto set my hand the

day of

, in the year of our Lord One thousand nine

hundred and

Signed by the said

in the presence of—

N.B.—Where a Letter of Attorney is executed out of Australia, it is necessary, in addition to the usual witnesses, that the document be attested by His Majesty’s Consul, or Vice-Consul, a Magistrate or Notary Public.

*** You are particularly desired to attend to the instructions for executing Letters of Attorney, which are on the other side, as a want of proper attention to them may vitiate the document.

——

Instructions for Executing Letters of Attorney, which should be Strictly Observed.

The date to be inserted at the time of execution in words at length, and not in figures.

The execution must be attested by two witnesses, and their places of abode and quality must be written against their names; and, where they reside in a town, the number of the house and name of the street should be added.

Where Letters of Attorney are executed by more than one person, the subscribing witnesses must insert in the attestation the name of the party or parties whose execution they attest; and if the parties do not execute at the same time, and in the presence of the same witnesses, the words “Signed by the said in the presence of us” must be repeated in each attestation.

Every Letter of Attorney that is executed by a mark, instead of a written name, must be witnessed by a Justice of the Peace, or an approved Broker, or a Clerk of a Court, and the witnesses must declare that the Power has been read and fully explained to the party.

If any alteration, interlineation or erasure be made in a Letter of Attorney, it must be particularly stated in the attestation subscribed by the witnesses, and that it was done previous to execution.

Form AB.

Regulation 60 (2)

APPLICATION FOR DEBENTURES IN LIEU OF INSCRIBED STOCK.

(Place)—

(Date)—

Sir,

beg to apply for the issue of Debentures payable to bearer for £ , under the provisions of the Commonwealth Bank Act 1911-1925, in lieu of Inscribed Stock of the Bank for the same amount now standing in name in the books of the Bank,

have the honour to be, Sir,

Your obedient Servant,
[Ordinary Signature of Parties or Brokers,]

The Registrar of Stock,

Commonwealth Bank of Australia, Sydney.

Printed and Published for the Government of the Commonwealth of Australia by H. J. Green, Government Printer for the State of Victoria.

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Commonwealth Bank Regulations (Cth)

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