Federal Register of Legislation - Australian Government

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Act No. 99 of 1995 as made
An Act to amend the Banking Act 1959
Date of Assent 15 Sep 1995
Date of repeal 10 Mar 2016
Repealed by Amending Acts 1990 to 1999 Repeal Act 2016
 

BANKING (QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION) AMENDMENT ACT 1995 No. 99, 1995

Making Information
- Assented to 15 September 1995

BANKING (QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION) AMENDMENT ACT 1995 No. 99 of 1995 - LONG TITLE

An Act to amend the Banking Act 1959

BANKING (QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION) AMENDMENT ACT 1995 No. 99 of 1995 - SECT 1
Short title

1. This Act may be cited as the Banking (Queensland Industry Development Corporation) Amendment Act 1995.


(Minister's second reading speech made in-
House of Representatives on 22 June 1995
Senate on 27 June 1995)

BANKING (QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION) AMENDMENT ACT 1995 No. 99 of 1995 - SECT 2
Commencement

2. This Act commences on the day on which it receives the Royal Assent.

BANKING (QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION) AMENDMENT ACT 1995 No. 99 of 1995 - SECT 3
Schedule

3. The Banking Act 1959 is amended as set out in the Schedule.

BANKING (QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION) AMENDMENT ACT 1995 No. 99 of 1995 - SCHEDULE 1

SCHEDULE 1 Section 3
AMENDMENT OF THE BANKING ACT 1959
1. Subsection 5(1) (definition of "bank"):
After "includes" insert "the Queensland Industry Development
Corporation,".
2. Subsection 5(1):
Insert the following definition:
" 'Queensland Industry Development Corporation' means the body of that
name established under the Queensland Industry Development Corporation Act
1985 of Queensland and continued in existence under the Queensland
Industry Development Corporation Act 1994 of Queensland;".
3. Subsection 6(1):
Omit "subsections (1A) and (1B),", substitute "subsections (1A), (1B) and
(1C),".
4. After subsection 6(1B):
Insert:
"(1C) Part II (other than Division 1), Part V and sections 61, 62, 64,
65, 68 and 69 apply to the Queensland Industry Development Corporation.
Note: The matter of State banking in so far as it applies to the
Queensland Industry Development Corporation has been referred to the
Parliament of the Commonwealth by the Parliament of Queensland.".