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COMMONWEALTH BANK SALE ACT 1995 - NOTES

No. 161, 1995

Compilation No. 7

Compilation date:   5 March 2016

Includes amendments up to: Act No. 126, 2015

Registered:    20 April 2016

 

About this compilation

This compilation

This is a compilation of the Commonwealth Bank Sale Act 1995 that shows the text of the law as amended and in force on 5 March 2016 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self-repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

 

 

 

Contents

Part 1--Preliminary

1 Short title

2 Commencement

3 Interpretation

Part 3--Transitional and saving

Division 1--Safety, Rehabilitation and Compensation Act 1988

5 Interpretation

6 SRC Act continues to apply to Commonwealth Bank etc. for certain purposes

7 SRC Act continues to apply for previous injuries etc.

8 Payment of premiums

9 Part VIIIA of the SRC Act

10 Refund of licence fee

11 Amendment of declarations

12 Section 128A of the SRC Act

13 Notification of amount of salary etc.

Division 2--Defence Force Retirement and Death Benefits Act 1973

14 Interpretation

15 Deferred benefits

16 Periods of eligible employment

Division 3--Miscellaneous

17 Saving previous operation of section 109 of the Commonwealth Banks Act

18 Application of bad debt provisions of the Income Tax Assessment Act

19 Regulations

Part 4--Exemption from certain taxes

20 Exemption from certain State and Territory taxes

Endnotes

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

 

Endnotes

Endnote 1--About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Abbreviation key--Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history.

If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history.

 

Endnote 2--Abbreviation key

 

ad = added or inserted

o = order(s)

am = amended

Ord = Ordinance

amdt = amendment

orig = original

c = clause(s)

par = paragraph(s)/subparagraph(s)

C[x] = Compilation No. x

    /sub-subparagraph(s)

Ch = Chapter(s)

pres = present

def = definition(s)

prev = previous

Dict = Dictionary

(prev ... ) = previously

disallowed = disallowed by Parliament

Pt = Part(s)

Div = Division(s)

r = regulation(s)/rule(s)

ed = editorial change

reloc = relocated

exp = expires/expired or ceases/ceased to have

renum = renumbered

    effect

rep = repealed

F = Federal Register of Legislation

rs = repealed and substituted

gaz = gazette

s = section(s)/subsection(s)

LA = Legislation Act 2003

Sch = Schedule(s)

LIA = Legislative Instruments Act 2003

Sdiv = Subdivision(s)

(md) = misdescribed amendment can be given

SLI = Select Legislative Instrument

    effect

SR = Statutory Rules

(md not incorp) = misdescribed amendment

Sub-Ch = Sub-Chapter(s)

    cannot be given effect

SubPt = Subpart(s)

mod = modified/modification

underlining = whole or part not

No. = Number(s)

    commenced or to be commenced

 

Endnote 3--Legislation history

 

Act

Number and year

Assent

Commencement

Application, saving and transitional provisions

Commonwealth Bank Sale Act 1995

161, 1995

16 Dec 1995

s 5-19 and Sch (items 2-11, 13-15,
18-20, 24, 25, 28-30, 32-47, 49-59): 19 July 1996 (s 2(2), (5))
Sch (item 12): 22 Nov 1996 (s 2(3) and gaz 1996 No S442)
Sch (item 22): 19 July 1997 (s 2(4))
Sch (items 1, 48): 19 July 2006 (s 2(6))
Remainder: 16 Dec 1995 (s 2(1))

 

Tax Law Improvement Act (No. 1) 1998

46, 1998

22 June 1998

Sch 3 (item 21): 22 June 1998 (s 2(3))

s 4

Public Employment (Consequential and Transitional) Amendment Act 1999

146, 1999

11 Nov 1999

Sch 1 (item 300): 5 Dec 1999 (s 2(1), (2) and gaz 1999 No S584)

--

Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007

154, 2007

24 Sept 2007

Sch 4 (item 12): 24 Sept 2007 (s 2(1) item 7)

--

Statute Law Revision Act 2011

5, 2011

22 Mar 2011

Sch 7 (items 36, 37): 19 Apr 2011 (s 2(1) item 18)

--

Statute Law Revision Act 2012

136, 2012

22 Sept 2012

Sch 6 (items 21, 22): 22 Sept 2012 (s 2(1) item 37)

--

Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015

126, 2015

10 Sept 2015

Sch 1 (item 124): 5 Mar 2015 (s 2(1) item 2)

--

 

Endnote 4--Amendment history

 

Provision affected

How affected

Part 2

 

Part 2...................

rep No 136, 2012

s 4.....................

rep No 136, 2012

Part 3

 

Division 3

 

s 18....................

am No 46, 1998

s 19....................

am No 154, 2007; No 126, 2015

Part 4

 

s 20....................

am No 146, 1999; No 5, 2011

Schedule

 

Schedule.................

rep No 136, 2012

 

 


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