Document ID: chunk:federal_register_of_legislation:C2004A02639:schedule:12:p9
Version: federal_register_of_legislation:C2004A02639
Segment Type: schedule
Provision Reference: sch 12 (pt 9/42)
Character Range: 24043–26554

following paragraph:
          "(b) was—
              (i) a member of an existing Police Force immediately before the commencement date; or

              (ii) an officer of the Australian Public Service to whom section 26a applied;".

PART XII—AMENDMENTS OF BANKING ACT 1959

Principal Act
31. The Banking Act 195911 is in this Part referred to as the Principal Act.

32. After Part II of the Principal Act the following Part is inserted:

"PART IIa—BANK MERGERS

Operation of certain State and Territory laws relating to bank mergers
"38a. (1) Any law of the Commonwealth with which a provision of a law of a State or Territory referred to in the Third Schedule would, but for this sub-section, be inconsistent has effect subject to that provision, or shall be deemed to have had effect subject to that provision, as the case may be, on and from the day that is the prescribed day in relation to that provision.
"(2) Without prejudice to its effect apart from this sub-section, each provision of a law of a State or Territory referred to in the Third Schedule has, or shall be deemed to have had, as the case may be, by force of this sub-section, on and from the day that is the prescribed day in relation to that provision, the effect that it would have, or would have had, if that law bound the Crown in right of the Commonwealth, of the Northern Territory and of Norfolk Island.
"(3) If, at any time after the commencement of this Part, a law of a State or Territory is passed or made for the purpose of, or for the purpose of making provision consequent upon or in relation to, the merger of 2 or more bodies corporate that carry on the general business of banking, the Treasurer may, in his discretion, by writing signed by him and published in the Gazette, declare that law to be a law to which this sub-section applies.
"(4) Where a declaration is made under sub-section (3) in relation to a law of a State or Territory—
     (a) any law of the Commonwealth with which a provision of that law of a State or Territory would, but for this paragraph, be inconsistent has effect, subject to that provision, or shall be deemed to have had effect subject to that provision, as the case may be, on and from the day that is the prescribed day in relation to that provision; and
     (b) without prejudice to its effect apart from this paragraph, each provision of that law of a State or Territory has, or shall be deemed to have had, as the case may be, by force of this paragraph, on and from the day that is