Commonwealth
Banks Act (No. 2) 1973
No. 117 of 1973
AN ACT
To
amend the Commonwealth Banks Act 1959–1968,
as amended by the Commonwealth Banks Act 1973.
[Assented to 26 October 1973]
BE IT ENACTED by the Queen, the
Senate and the House of Representatives of Australia, as follows:—
Short
title and citation.
1. (1) This Act may be cited as the Commonwealth Banks Act (No. 2) 1973.
(2) The Commonwealth
Banks Act 1959–1968, as amended by the Commonwealth
Banks Act. 1973, is in this Act referred to as the Principal Act.
(3) Section 1 of the Commonwealth Banks Act 1973 is amended by omitting sub-section (2).
(4) The Principal Act, as amended by this Act,
may be cited as the Commonwealth Banks
Act 1959–1973.
Commencement.
2. This Act shall come into operation on the day on which it receives
the Royal Assent.
Repeal
of section 3.
3. Section 3 of the Principal Act is repealed.
4. Section 5 of the Principal Act is repealed and the following
sections substituted:—
Application
to Territories.
“5. Subject to section 5a, this Act extends to all the Territories.
Cessation
of application to Territory.
“5a (1) The
Treasurer may. by notice published in. the Gazette,
declare that, on a date specified in the notice, this Act shall cease to
extend to an external Territory specified in the notice, and, on and after the
date specified in such a notice, this Act, other than sub-section (2) of this
section, does not extend to the Territory so specified and a reference in this
Act, other than this section, to a Territory does not include a reference to
the Territory so specified.
“(2) Section 8 of the Acts Interpretation Act 1901–1973 applies in relation to a notice
published under this section as if the notice were an Act repealing this Act to
the extent that, immediately before the date specified in the notice, this Act
extended to the Territory specified in the notice.”.
Formal
amendments.
5.The Principal Act is amended as set out in the
Schedule.
SCHEDULE Section
5
FORMAL
AMENDMENTS
1. The
following provisions of the Principal Act are amended by omitting any number
expressed in words that is used to identify a section of that Act or of another
Act, and substituting that number expressed in figures:—
Sections
12(2), 16(1)(a), 17(1), 18(1), 27, 40, 87, 90(3), 99(2)(aa), 107(10)(g) and
108(1).
2. The
following provisions of the Principal Act are amended by omitting the words “of
this Act” and “of this section” (wherever occurring):—
Sections
11(7), 12(2), 14(3) and (4), 17(1), 18(1), 69(4), (5) and (6), 87, 90(3),
103(6) and (9), 107(6), (7), (8) and (10)(g), 108(1), 109(6) and (9) and
121(3).
3. The
Principal Act is further amended as set out in the following table:—
Provision | Amendment |
Section 4 (definition
of “Australia”).........................................
| Omit “of the Commonwealth”. |
Section 63(2)......................... | Omit “of the Commonwealth” (first and third
occurring).
|
Section 95(3)......................... | (a) Omit “the first day of”, substitute “1”. (b) Omit “thirty-first day of”, substitute “31”. |
Section 107(3)(b)................... | Omit “of the Commonwealth” (second occurring). |
Section 119(1)....................... | Omit “of the Commonwealth” (first occurring). |
Section 119(2)....................... | Omit “of the Commonwealth” (second occurring). |