Commonwealth Bank Regulations (Amendment)

Legislation au C1920L00259 Regulations Not in force Legislative Instrument

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STATUTORY RULES.

1920. No. 259.

_____

REGULATIONS UNDER THE COMMONWEALTH BANK ACT 1911-1920.

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 1911-1920, to come into operation forthwith.

Dated this fifteenth day of December, 1920.

FORSTER,

Governor-General.

By His Excellency’s Command,

ARTHUR S. RODGERS,

for the Treasurer.

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Amendment of Regulations under the Commonwealth Bank Act 1911-1920.

(Statutory Rules 1916, No. 72.)

The Commonwealth Bank Regulations are hereby amended as under:—

By inserting the following regulations after regulation No. 54:—

Note Issue Department.

55. 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 the Form “X” of these Regulations.

56. 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 the Form “Y” of these Regulations.

57. The declaration in accordance with Form “Y” 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.

58. The form in which every Bank shall as at the close of business on each Monday render a return showing the value of Notes waned under this Act or the Australian Notes Act held by the Bank shall be in accordance with Form “Z” of these Regulations.

By repealing Form “T” under the regulations and substituting therefore Form “T” attached.


Form “X”

COMMONWEALTH OF AUSTRALIA.

The Commonwealth Bank Act 1911-1920, 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.

 

 

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Form “Y.”

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.”

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Form “Z”

Statement to be rendered by every Bank to the Chairman of Directors, Note Issue Department, Commonwealth Bank of Australia, Sydney, vide Commonwealth Bank Act 1911-1920, 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 “T.”

AGGREGATE BALANCE-SHEET OF THE COMMONWEALTH BANK OF AUSTRALIA AT

Liabilities.

 

 

 

Assets.

 

 

£

s.

d.

 

£ s. d.

Deposits, Accrued Interest, and Rebate 

 

 

 

Coin, Bullion, and Cash Balances

 

 

 

 

Australian Notes in Reserve.........

 

Bills Payable and Other Liabilities

 

 

 

Money at Short Call in London

 

Savings Bank Department—

 

 

 

Investments—

 

Depositors’ Balances (with Interest Accrued)  

Capital— Debentures Issued..........

 

 

 

British, Colonial, and Government Securities (face value £.... ) 

 

Reserve Fund...................

Redemption Fund.................

 

 

 

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

 

Note Issue Department.............

 

 

 

Note Issues Department............

 

Contingent Liabilities—

Outstanding Credits per Contra

 

 

 

Liabilities of Customers and Others on Letters of Credit per Contra

 

 

 

 

 

 

 

Note Issue Department.

 

£

s.

d.

 

£ s. d.

Notes held by the Public............

Notes held by Banks..............

Interest earned during the half-year ....

Loss Working Expenses and Commission 

 

 

 

Gold Coin and Bullion.............

Debentures and Other Securities......

Interest Accrued.................

Other Assets....................

 

 

 

Balance due to Commonwealth Treasury  

 

 

 

 

 

Dr.

Profit and Loss.

Cr.

 

£ s. d.

 

£ s. d.

To Reserve Fund ................

„ Redemption Fund .............

 

By Profits for half-year ended

 

 

 

 

 

 

 

Dr.

Reserve Fund

Cr.

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

£ s. d.

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

,, Transfer from Profit and Loss Account of one half of the Net Profits 

£ s. d.

 

 

 

 

 

 

Dr.

Redemption fund.

Cr.

 

£ s. d.

 

£ s. d.

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

 

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

„ Transfer from Profit and Loss Account of one-half of the Net Profits 

 

 

 

 

 

 

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

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.