Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section has effect for the purposes of the laws of the Commonwealth, a State or a Territory. However, the effect of this section is subject to any express provision in the law concerned that refers specifically to the Commonwealth Bank.
(2) The Commonwealth Bank is to be taken:
(a) not to have been incorporated or established for a public purpose or for a purpose of the Commonwealth; and
(b) not to be a public authority or an instrumentality or agency of the Crown; and
(c) without limiting paragraphs (a) and (b), not to be a public authority under the Commonwealth for the purposes of the Crimes Act 1914 .
(3) The Commonwealth is to be taken:
(a) not to have a controlling interest or substantial interest in the Commonwealth Bank; and
(b) not to be in a position to control the Commonwealth Bank.