Bank Integration (Bank of Queensland) Act 1993


Queensland Crest
Bank Integration (Bank of Queensland) Act 1993
Queensland Bank Integration (Bank of Queensland) Act 1993 Reprinted as in force on 28 July 1993 Reprint No. 1 * This reprint is prepared by the Office of the Queensland Parliamentary Counsel Warning—This reprint is not an authorised copy NOT FURTHER AMENDED LAST REPRINT BEFORE REPEAL See 2011 Act No. 8 s 121 * Minor differences in presentation between this reprint and another reprint with the same number are due to the conversion to new styles. The content has not changed.
Information about this reprint This Act is reprinted as at 28 July 1993. Minor editorial changes allowed under the provisions of the Reprints Act 1992 mentioned in the following list have been made to— omit the enacting words (s 7(1)(a)) use aspects of format and printing style consistent with current drafting practice (s 35). This page is specific to this reprint. A table of reprints is included in the endnotes. Also see endnotes for information about when provisions commenced. Spelling The spelling of certain words or phrases may be inconsistent with other reprints because of changes made in various editions of the Macquarie Dictionary (for example, in the dictionary, ‘lodgement’ has replaced ‘lodgment’).
Queensland Bank Integration (Bank of Queensland) Act 1993 Contents Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 Definitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3 Extraterritorial operation of Act. . . . . . . . . . . . . . . . . . . . . . . . . . . 4 4 Act binds Crown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 BQL is successor in law of BQSBL . . . . . . . . . . . . . . . . . . . . . . . 4 6 Assets and liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 7 Permitted business name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 8 Exemption from tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 9 Dissolution of BQSBL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 10 Act has effect despite other laws etc. . . . . . . . . . . . . . . . . . . . . . . 5 11 Regulations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Endnotes 1 2 3 4 5 Index to endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Date to which amendments incorporated. . . . . . . . . . . . . . . . . . . . . . Key . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Table of reprints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . List of legislation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7 7 8 8
Bank Integration (Bank of Queensland) Act 1993 [s 1] Bank Integration (Bank of Queensland) Act 1993 [reprinted as in force on 28 July 1993] An Act to facilitate the integration of Bank of Queensland Savings Bank Limited with Bank of Queensland Limited 1 Short title This Act may be cited as the Bank Integration (Bank of Queensland) Act 1993 . 2 Definitions (1) In this Act— BQL means Bank of Queensland Limited; BQSBL means Bank of Queensland Savings Bank Limited; Commonwealth Act means the Bank Integration Act 1991 of the Commonwealth; tax includes— (a) stamp duty; and (b) any other tax, duty, levy or charge; and (c) any fee (however described) that is not a tax; but does not include a fee or tax prescribed by the Corporations Regulation. (2) Unless the contrary intention appears, words and expressions used in the Commonwealth Act have the same respective meanings in this Act. Reprint 1 Page 3
Bank Integration (Bank of Queensland) Act 1993 [s 3] 3 Extraterritorial operation of Act It is the intention of Parliament that this Act should apply, as far as possible, in relation to— (a) land or things outside the State (whether in or outside Australia); and (b) acts, transactions and matters done, entered into or happening outside the State (whether in or outside Australia); and (c) land, things, acts, transactions and matters (wherever situated, done, entered into or happening) that would, apart from this Act, be governed or otherwise affected by the law of a foreign country. 4 Act binds Crown This Act binds the Crown in right of the State and, so far as the legislative power of Parliament permits, the Crown in all its other capacities. 5 BQL is successor in law of BQSBL On the succession day for BQL and BQSBL, BQL becomes the successor in law of BQSBL. 6 Assets and liabilities Without limiting section 5, on the succession day for BQL and BQSBL— (a) all assets of BQSBL, wherever located, vest in, or are otherwise available for the use of, BQL; and (b) all liabilities of BQSBL, wherever located, become liabilities of BQL. 7 Permitted business name (1) For 6 months starting on the succession day for BQSBL, BQL may operate in the State under the name of Bank of Page 4 Reprint 1
Bank Integration (Bank of Queensland) Act 1993 [s 8] Queensland Savings Bank Limited (the permitted business name ). (2) Subsection (1) does not prevent BQL from— (a) operating in the State under a name other than the permitted business name; or (b) registering a name under the Business Names Act 1962 . (3) In subsection (2), a reference to operating under a name includes a reference to engaging in any conduct in respect of which the name would, apart from subsection (1), have been required to be registered under the Business Names Act 1962 . 8 Exemption from tax Tax is not payable under a law of the State in respect of— (a) the operation or effect of this Act or the Commonwealth Act in its application to the vesting of the business of BQSBL in BQL; or (b) anything done for a purpose connected with, or arising out of, that operation or effect. 9 Dissolution of BQSBL On the succession day for BQL and BQSBL, BQSBL is dissolved. 10 Act has effect despite other laws etc. (1) This Act has effect despite anything in any contract, deed, undertaking, agreement or other instrument. (2) Nothing done by or under this Act— (a) places BQL, BQSBL or another person in breach of contract or confidence or otherwise makes a person guilty of a civil wrong; or (b) places BQL, BQSBL or another person in breach of— (i) a law of the State; or Reprint 1 Page 5
Bank Integration (Bank of Queensland) Act 1993 [s 11] (ii) a contractual provision, including a provision prohibiting, restricting or regulating the assignment or transfer of any asset or liability or the disclosure of any information; or (c) releases a surety or other obligee (wholly or partly) from an obligation. (3) Without limiting subsection (1), if, apart from this subsection, the advice or consent of a person would be necessary under an instrument in order to give effect to this Act, the advice is taken to have been obtained or the consent is taken to have been given. 11 Regulations The Governor in Council may make regulations for the purposes of this Act. Page 6 Reprint 1
Endnotes Bank Integration (Bank of Queensland) Act 1993 Endnotes 1 Index to endnotes Page 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 3 Key . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 4 Table of reprints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 5 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 2 Date to which amendments incorporated This is the reprint date mentioned in the Reprints Act 1992, section 5(c). However, no amendments have commenced operation on or before that day. Future amendments of the Bank Integration (Bank of Queensland) Act 1993 may be made in accordance with this reprint under the Reprints Act 1992, section 49. 3 Key Key to abbreviations in list of legislation and annotations Key AIA amd amdt ch def div exp gaz hdg ins lap notfd num o in c om orig p para prec pres prev Explanation = Acts Interpretation Act 1954 = amended = amendment = chapter = definition = division = expires/expired = gazette = heading = inserted = lapsed = notified = numbered = order in council = omitted = original = page = paragraph = preceding = present = previous Key (prev) proc prov pt pubd R[X] RA reloc renum rep (retro) rv s sch sdiv SIA SIR SL sub unnum Explanation = previously = proclamation = provision = part = published = Reprint No. [X] = Reprints Act 1992 = relocated = renumbered = repealed = retrospectively = revised edition = section = schedule = subdivision = Statutory Instruments Act 1992 = Statutory Instruments Regulation 2002 = subordinate legislation = substituted = unnumbered Reprint 1 Page 7
Bank Integration (Bank of Queensland) Act 1993 Endnotes 4 Table of reprints Reprints are issued for both future and past effective dates. For the most up-to-date table of reprints, see the reprint with the latest effective date. If a reprint number includes a letter of the alphabet, the reprint was released in unauthorised, electronic form only. Reprint No. 1 Amendments to none Effective 28 May 1993 Reprint date 28 July 1993 5 List of legislation Bank Integration (Bank of Queensland) Act 1993 No. 14 date of assent 28 May 1993 commenced on date of assent © State of Queensland 2011 Page 8 Reprint 1