Document ID: chunk:federal_register_of_legislation:C2004A03591:body:0:p6
Version: federal_register_of_legislation:C2004A03591
Segment Type: other
Provision Reference: 
Character Range: 13047–15985

the Commonwealth, and other securities and instruments;
    (e) to buy, sell and otherwise deal in foreign exchange, foreign currency hedging instruments, gold and other precious metals;
    (f) to establish credits and engage in hire-purchase and lease financing and factoring;
    (g) to carry on (whether as principal, agent, manager, broker or otherwise) all kinds of insurance, re-insurance, assurance, annuity guarantee and indemnity business;
    (h) to issue bills and drafts and effect transfers of money;
    (j) to guarantee the due fulfilment of contracts and obligations by any person;
    (k) to act as attorney for any person;
    (m) to promote, effect, guarantee, underwrite, manage and carry out:
        (i) any issue of shares, stock or debenture stock of any body corporate or association;
        (ii) any issue of bonds of any description; and
        (iii) any joint lending operations;
    and to borrow or lend money for the purposes of any such issue or operation;
    (n) to operate unit trusts;
    (p) with the approval of the Treasurer, to join in the formation of subsidiary companies;
    (q) to enter into a partnership, or an arrangement for sharing of profits;
    (r) to subscribe for, buy, or otherwise acquire, and to hold, sell or otherwise deal in, shares, stocks, debenture stocks and other similar instruments;
    (s) to act as principal, agent or broker in stock and share broking and commodity and commodity futures dealings;
    (t) to be a member (whether alone or in partnership or joint venture, or as a shareholder in a body corporate) of stock and securities exchanges and commodity exchanges;
    (u) to keep for a body corporate, association or authority any register relating to funds, shares, stocks or other securities of the body corporate, association or authority and to undertake any duties in relation to such funds, shares, stocks or securities, including the registration of transfers and the issue of certificates;
    (w) to act as trustee of, and to administer:
        (i) any superannuation, pension, provident or retirement fund scheme;
        (ii) any property trust; or
        (iii) any other trust;
    and to act as executor or administrator of the estate of a deceased person;
    (y) to furnish managerial, financial, technical and administrative advice and services to any person and to assist a person to obtain such advice and services;
    (z) to process (whether as principal or agent) debit and credit card arrangements;
    (za) to provide facilities (whether as principal or agent) for the merchandising of goods and services;
    (zb) to provide computer hardware and software facilities;
    (zc) to act as agent in the provision of financial services, including the settlement of financial transactions;
    (zd) to subscribe for, and to hold, shares in the capital of the Savings Bank; and
    (ze) to do anything incidental to any of its powers.".