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AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED (NMRB) ACT 1991 (NO. 66 OF 1991)


TABLE OF PROVISIONS

           Long Title

   1.      National Mutual Royal Bank Limited A.C.N. 006 525 097 (“NMRB”) and National Mutual Royal Savings Bank Limited A.C.N. 007 394 738 (“NMR Savings Bank”) are companies incorporated in Victoria and are companies within the meaning of the Corporations Law of Victoria and are companies limited by shares.  
   2.      Australia and New Zealand Banking Group Limited A.C.N. 005 357 522 (“ANZ”) and Australia and New Zealand Savings Bank Limited A.C.N. 004 845 685 (“ANZ Savings Bank”) are companies deemed to be incorporated in Victoria and are companies within the meaning of the Corporations Law of Victoria and are companies limited by shares.  
   3.      NMR Savings Bank is a wholly owned subsidiary of NMRB and ANZ Savings Bank is a wholly owned subsidiary of ANZ.  
   4.      ANZ and NMRB each carries on the business of banking in Victoria and elsewhere in Australia and ANZ Savings Bank and NMR Savings Bank each carries on the business of a savings bank in Victoria and elsewhere in Australia.  
   5.      On 2 April 1990, ANZ acquired the whole of the issued share capital of NMRB and since that date NMRB has been a wholly owned subsidiary of ANZ.  
   6.      It is expedient in the interests of efficiency in banking that the banking business conducted by NMRB should be transferred to ANZ and that part of the banking business conducted by NMR Savings Bank should be transferred to ANZ Savings Bank and that the other part should be transferred to ANZ.  
   7.      On 5 December 1990, the Treasurer of Australia consented pursuant to section 63 of the Banking Act 1959 of the Commonwealth to the amalgamation of NMRB with ANZ.  
   8.      By the Australia and New Zealand Banking Group Limited (NMRB) Act 1991 of the State of Victoria, provision is made for the vesting of the undertaking of NMRB in ANZ and for the vesting of part of the undertaking of NMR Savings Bank in ANZ and the other part in ANZ Savings Bank.  

   PART I--PRELIMINARY SHORT TITLE

   PART II--VESTING OF UNDERTAKING OF NMRB IN ANZ

   9.      Legal proceedings  
   10.     Amendment of documents  
   11.     Evidence  
   12.     Construction of references  

   PART III--VESTING OF UNDERTAKING OF NMR SAVINGS BANK IN ANZ SAVINGS BANK AND ANZ

   13.     Vesting of undertaking  
   14.     Effect of contracts and instruments  
   15.     Transitional provisions  
   16.     Legal proceedings—category A undertaking of NMR Savings Bank  
   17.     Legal proceedings—category B undertaking of NMR Savings Bank  
   18.     Amendment of documents  
   19.     Evidence—category A undertaking of NMR Savings Bank  
   20.     Evidence—category B undertaking of NMR Savings Bank  
   21.     Construction of references  

   PART IV--GENERAL EFFECT OF THINGS DONE UNDER THIS ACT

   22.     Nothing effected by this Act or done or suffered by NMRB, NMR Savings Bank, ANZ or ANZ Savings Bank under this Act—  
   23.     Service of documents  
   24.     Excluded assets  
   25.     Category A undertaking of NMR Savings Bank and category B undertaking of NMR Savings Bank  
   26.     Interests in land  
   27.     Amendment of Register Book  
   28.     Other property  
   29.     Certificates conclusive  
   30.     Application of banking laws  
   31.     Exemption from duties or other charges  
           PART 2


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