Statutory Rules 1993   No. 378 1

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Banking (Unclaimed Moneys) Regulations

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Banking Act 1959.

Dated 22 December 1993.

 BILL HAYDEN

 Governor-General

By His Excellency’s Command,

JOHN DAWKINS

Treasurer

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Citation

 1. These Regulations may be cited as the Banking (Unclaimed Moneys) Regulations.

[NOTE:  These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48.]

Interpretation

 2. (1) In these Regulations, unless the contrary intention appears:

“the Act” means the Banking Act 1959.

Prescribed amount

 3. (1) For the purposes of subsection 69 (3) of the Act, the amount of $500 is prescribed.

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NOTE

1. Notified in the Commonwealth of Australia Gazette on  31 December 1993.