Commonwealth Consolidated Acts

COMMONWEALTH BANK SALE ACT 1995 - SECT 3

    In this Act, unless the contrary intention appears:

"Bank body" means:

  (a)   the Commonwealth Bank, the Commonwealth Development Bank of Australia Limited or the Commonwealth Bank Officers Superannuation Corporation; or

  (b)   a body corporate that is a subsidiary (as defined in Division   6 of Part   1.2 of the Corporations Law) of the Commonwealth Bank.

"Commonwealth Bank" means the Commonwealth Bank of Australia .

"transfer time" means the time when the Commonwealth ceases to have the status of being the holder of shares in the Commonwealth Bank that carry more than 50% of the total voting rights attached to the voting shares in the Commonwealth Bank.