Document ID: chunk:federal_register_of_legislation:C2004A03877:front:0:p10
Version: federal_register_of_legislation:C2004A03877
Segment Type: other
Provision Reference: 
Character Range: 23346–26086

those conditions.
"(4) In this section:
    (a) a reference to a bank-related word is a reference to:
        (i) the word 'bank', 'banker' or 'banking'; or
        (ii) any word of a like import (whether or not in English);
    (b) a reference to a word being assumed or used includes a reference to the word being assumed or used:
        (i) as part of another word; or
        (ii) in combination with other words, letters or other symbols; and
    (c) a reference to a financial business is a reference to a business that:
        (i) consists of, or includes, the provision of financial services; or
        (ii) relates, in whole or in part, to the provision of financial services.

Restriction on establishment or maintenance of representative offices of overseas banks
"67. (1) Except with the consent in writing of the Treasurer, a person (not being a bank) who carries on banking business in a foreign country but does not carry on banking business in Australia shall not establish or maintain an office in Australia wholly or partly in connection with the carrying on of that banking business in that foreign country.
"(2) The Treasurer may, at any time, by notice in writing served on the person concerned:
    (a) impose conditions, or additional conditions, on a consent;

    (b) vary or revoke conditions imposed on a consent; or
    (c) revoke a consent.
"(3) Where a consent is subject to conditions, the person to whom the consent is given shall comply with those conditions.".

Unclaimed moneys
20. (1) Section 69 of the Principal Act is amended:
    (a) by omitting from subsections (1), (3), (6), (10) and (11) "trading" (wherever occurring);
    (b) by omitting from subsection (3) "unclaimed moneys" and substituting "sums of unclaimed moneys of not less than $100 or such higher amount as is prescribed";
    (c) by omitting subsections (4) and (5) and substituting the following subsections:
    "(3a) The regulations may require the statement to be delivered in a specified form in a specified kind of disk, tape, film or other medium.
    "(4) The statement shall set out:
       (a) the name, and the last-known address, of each shareholder, depositor or creditor;
       (b) the amount due;
       (c) in the case of moneys to the credit of an account—the office or branch of the bank at which the account was kept; and
       (d) if the shareholder, depositor or creditor is known to the bank to be dead—the name and address, so far as they are known to the bank, of his or her legal representative.
    "(5) The total amount shown in the statement shall be paid by the bank to the Commonwealth at the time of the delivery of the statement.";
    (d) by omitting subsection (9) and substituting the following