Commonwealth Consolidated Acts

BANK INTEGRATION ACT 1991 - SECT 6

  (1)   It is the intention of the Parliament that this Act should apply, as far as possible, in relation to the following:

  (a)   land outside Australia;

  (b)   things outside Australia;

  (c)   acts, transactions and matters done, entered into or occurring outside Australia;

  (d)   land, things, acts, transactions and matters (wherever situated, done, entered into or occurring) that would, apart from this Act, be governed or otherwise affected by the law of a foreign country.

  (2)   Subsection   (1) applies to BNZ and BNZ Savings only in so far as the extraterritorial operation of the Act is necessary to deal with the business of BNZ Savings that relates to its Australian operations.