Reprint as at 30 January 2021

Coat of Arms of New Zealand

Westpac Banking Corporation Act 1982

Private Act
 
1982 No 1
Date of assent
 
17 September 1982
Commencement
 
see section 1
Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

An Act to provide—

(a)

for the transfer to Bank of New South Wales of the undertaking in New Zealand of The Commercial Bank of Australia Limited; and

(b)

for the transfer to Bank of New South Wales Savings Bank (N.Z.) Limited of the undertaking of The Commercial Bank Savings Bank (N.Z.) Limited; and

(c)

for recognition of a change in the name of Bank of New South Wales to Westpac Banking Corporation; and

(d)

for Westpac Banking Corporation to hold at all times in New Zealand assets (other than goodwill) of not less than the value of the total of that Corporation’s deposit liabilities in New Zealand; and

(e)

for other purposes incidental thereto and consequent thereon