Document ID: chunk:federal_register_of_legislation:C2004A04484:body:0:p4
Version: federal_register_of_legislation:C2004A04484
Segment Type: other
Provision Reference: 
Character Range: 7671–10462

person having power to require the production of documents or the answering of questions;

'officer' means:

    (a)     the Governor or a Deputy Governor of the Reserve Bank, the Secretary to the Department of the Treasury or any other member of the Reserve Bank Board; or

    (b)     an officer, or a temporary or casual employee, of the Reserve Bank; or

    (c)     an officer or employee within the meaning of the Public Service Act 1922;

'produce' includes permit access to.".

First Schedule

14. The First Schedule to the Principal Act is repealed and the Schedule set out in the Schedule to this Act is substituted.

Australian Resources Development Bank Limited—deposit liabilities

15. All deposit liabilities of the Australian Resources Development Bank Limited existing immediately before the commencement of this section become, when this section commences, deposit liabilities of National Australia Bank Limited.

Certain assets of State Bank Limited not available to meet deposit liabilities

16.(1) In spite of subsections 6(1A) and 16(1) of the Principal. Act as amended by this Act, so much of the assets of State Bank Limited in Australia as is required to meet the liabilities of that bank under the State Bank debentures is not available to meet that bank's deposit liabilities in Australia.

  (2) In this section:

"State Bank debentures" means the debentures that:

    (a)     were issued by the State Bank of New South Wales (being the bank that was constituted under the State Bank Act 1981 (NSW)) under section 22 of that Act; and

  (b)     mature on 13 March 1993;

"State Bank Limited" means State Bank of New South Wales Limited, being the body of that name constituted as a bank under the State Bank (Corporatisation) Act 1989 (NSW).

Transitional—non-callable deposit ratio applicable to State Bank Limited

17.(1) The Reserve Bank may, by notice in the Gazette, determine that the non-callable deposit ratio applicable to State Bank Limited in respect of a period beginning on the commencement of this section and ending at the end of 18 December 1994 is, in spite of section 20 of the Principal Act, such percentage as is specified in the determination.

(2)     A determination under subsection (1) has effect as if it were a determination under section 20 of the Principal Act.

(3)     The Reserve Bank may not give a notice under this section without the approval of the Treasurer.

  (4)     In this section:

"State Bank Limited" means State Bank of New South Wales Limited, being the body of that name constituted as a bank under the State Bank (Corporatisation) Act 1989 (NSW).

Unclaimed moneys standing to the credit of the Trust Fund

18.(1) In spite of subsection 20(2) of the Banking Legislation Amendment Act 1989, any amount of unclaimed