Westpac Banking Corporation (Transfer of Incorporation) Act 2000 Westpac Banking Corporation (Transfer of Incorporation) Amendment Regulation 2002 (2002-361) [GG No 98 of 14.6.2002, p 4203] (NSW)
2002 No 361
| Westpac Banking Corporation | New South Wales |
(Transfer of Incorporation) Amendment
Regulation 2002
under the
Westpac Banking Corporation (Transfer of Incorporation) Act 2000
Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Westpac Banking Corporation (Transfer of Incorporation) Act 2000.
BOB DEBUS, M.P.,
Attorney General
Explanatory note
Under the Westpac Banking Corporation (Transfer of Incorporation) Act 2000, the Attorney General may by order specify a day on which Westpac is taken to be a public company limited by shares under the Corporations Act 2001 of the Commonwealth. The Attorney General may make such an order only if the Attorney General is satisfied of a number of matters, including whether Westpac has complied with section 5H (2) and (3) of the Corporations Act 2001 of the Commonwealth within the period prescribed by the regulations after the shareholders of Westpac resolved that Westpac be registered as a public company under the Corporations Act 2001.
The Westpac Banking Corporation (Transfer of Incorporation) Regulation 2001 prescribed the period of 18 months as that prescribed period. The object of this Regulation is to extend that prescribed period to 30 months.
This Regulation is made under the Westpac Banking Corporation (Transfer of Incorporation) Act 2000, including sections 5A and 13 (the general regulation- making power).
| Published in Gazette No 98 of 14 June 2002, page 4203 | Page 1 |
| [4] | |
| 2002 No 361 | |
| Clause 1 | Westpac Banking Corporation (Transfer of Incorporation) Amendment Regulation 2002 |
Westpac Banking Corporation (Transfer of
Incorporation) Amendment Regulation 2002
1 Name of Regulation
This Regulation is the Westpac Banking Corporation (Transfer of
Incorporation) Amendment Regulation 2002.
2 Amendment of Westpac Banking Corporation (Transfer of
Incorporation) Regulation 2001
The Westpac Banking Corporation (Transfer of Incorporation)
Regulation 2001 is amended as set out in Schedule 1.
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2002 No 361
Westpac Banking Corporation (Transfer of Incorporation) Amendment
Regulation 2002
| Amendment | Schedule 1 |
| Schedule 1 | Amendment |
(Clause 2)
Clause 4
Omit the clause. Insert instead:
4 Prescribed period for purposes of section 5A of the Act
The period of 30 months after the date on which the transfer resolution was passed is prescribed for the purposes of paragraph (b) of the definition of prescribed period in section 5A (8) of the Act.
BY AUTHORITY
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