State Financial Institutions and Metway Merger Facilitation Amendment Regulation (No. 1) 1997 (Qld)

Queensland Subordinate Legislation 1997 No. 361 State Financial Institutions and Metway Merger Facilitation Act 1996 STATE FINANCIAL INSTITUTIONS AND METWAY MERGER FACILITATION AMENDMENT REGULATION (No. 1) 1997 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Insertion of new s 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 12 Exemption for securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

s1 2 s3 State Financial Institutions and Metway Merger No. 361, 1997 Facilitation Amendment (No. 1) ˙ Short title 1. This regulation may be cited as the State Financial Institutions and Metway Merger Facilitation Amendment Regulation (No. 1) 1997 . ˙ Regulation amended 2. This regulation amends the State Financial Institutions and MetwayMerger Facilitation Regulation 1996 . ˙ Insertion of new s 12 3. After section 11— insert— ˙ ‘ Exemption for securities ‘ 12.(1) For section 76(2) of the Act, it is declared that State tax is not payable in relation to the transfer of securities to Perpetual Trustee Company Limited (A.C.N. 000 001 007) after the Metway amalgamation day, if the securities were held by Metway Corporation Limited (A.C.N. 010 750 624) immediately before the Metway amalgamation day. ‘ (2) In subsection (1)— “securities” means securities within the meaning of the Corporations Law, section 92.’. ENDNOTES 1. Made by the Governor in Council on 30 October 1997. 2. Notified in the gazette on 31 October 1997. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Treasury Department. © State of Queensland 1997