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# Unclaimed moneys 19. Section 69 of the Principal Act is amended by omitting from sub-section (12) “and the Australian Resources Development Bank Limited” and substituting “, the Australian Resources Development Bank Limited and the Australian Rural Bank Limited”. SCHEDULE Section 5 REQUIREMENTS APPLICABLE TO MEMORANDUM AND ARTICLES OF ASSOCIATION OF RURAL BANK 1\. (1) The principal object of the Bank is to be the carrying on of banking business in Australia and, in particular, the provision of finance to banks and lenders. (2) The provision of finance to banks and lenders is to be for the purpose of enabling those banks and lenders to make loans with a view to increasing the availability of loan funds for purposes relating to primary production, being purposes that are commercially sound, to persons who are, or have a reasonable prospect of, successfully carrying on the business of primary production. (3) The lenders to whom finance is to be provided are to be such lenders as are considered by the Bank to be appropriate having regard to, among other things, any shares in the Bank held by them or any loans made by them to the Bank. (4) A loan referred to in sub-clause (2) may be for any period up to 30 years. 2. The Treasurer is to have the right, on behalf of the Commonwealth, to subscribe for or acquire shares in the Bank. 3. The directors of the Rural Bank are to include— (a) A person designated by the Treasurer to be the Chairman; (b) a person designated by the Treasurer to represent the interests of the Commonwealth; and (c) 2 persons designated by the Treasurer to represent the interests of primary producers.