**Introduction**
The Bank has adopted this Code of Ethics to:
  promote honest and ethical conduct, including the ethical handling ofconflicts of interest;   promote full, fair, accurate, timely and understandable disclosure; • promote compliance with applicable laws and governmental rulesand regulations; and • deter wrongdoing
The Code applies to the Chief Executive Officer (CEO), the Chief FinancialOfficer and the Executive General Manager, Group Finance (and any other personwho performs similar functions and is designated as subject to the Code by theCEO).
This Code supplements and is additional to the Statement of ProfessionalPractice and other applicable policies and procedures across the Bank. Anychanges to or waivers of this Code will, to the extent required, be promptlydisclosed publicly.
**Standards of Conduct**
You should ensure that your conduct always reflects the Bank’s corevalues of honesty, integrity and trust. You should adhere to a highstandard of business ethics.
A conflict of interest occurs where your personal interests or duties interfereor appear to interfere with the interests of the Bank, making it difficult toperform your work objectively and effectively. For example, a conflict ofinterest would arise if you, or a member of your family, receives improperpersonal benefits because of your position in the Bank.
You should always act in the best interests of the Bank and should avoidconflicts of interest where ever possible. Where there is any likelihood ofsuch a conflict arising, you should make full disclosure to the CEO (or theChairman where the conflict affects the CEO) and obtain his approval prior toacting (subject to any overriding legal requirements and the Bank’sConstitution).
**Public disclosure**
You should be familiar with and comply with the Bank’s disclosure controls andprocedures applicable to you. You should take all appropriate steps within yourarea of responsibility regarding reports and documents filed with regulatorsand other public disclosures, with the goal of making full, fair, accurate,timely and understandable disclosure in accordance with all relevant legalrequirements and Bank policies.
 

 

**CONFIDENTIAL**
You should not knowingly misrepresent, or cause others to misrepresent, factsabout the Bank to others, including to the Bank’s independent auditors,governmental regulators and any other regulators, such as the Australian StockExchange.
**Compliance with laws, rules and regulations**
It is Bank policy to comply with all applicable laws and statutory rules andregulations. You should adhere to the standards and restrictions imposed bythose laws, rules and regulations, including those relating to accounting andauditing matters.
You should promote a culture of compliance with all legal requirements withinthe Bank.
**Reporting and accountability**
You should report allviolations of this Code promptly to the CEO or theChairman of the Audit Committee, depending upon the nature of the violation(or the Chairman of the Board where the violation affects the CEO), who willtake all action he considers appropriate to investigate any reportedviolation. A violation of this Code may result in such disciplinary orpreventive action as the CEO or Board, as the case may be, deems appropriate.
**END OF PAPER 3.5**