Bank Mergers (St. George Partnership Banking) Regulation 1997
9Legal proceedings and evidence
Start here
Get a plain-English read of 9
Turn the raw legal text into a practical explanation grounded in Bank Mergers (St. George Partnership Banking) Regulation 1997.
9 Legal proceedings and evidence
9 Legal proceedings and evidence
(1) Where, immediately before the succession day, proceedings (including arbitration proceedings) to which Partnership Banking was a party were pending or existing in any court or tribunal, St. George is, on that day, substituted for Partnership Banking as a party to the proceedings and has the same rights in the proceedings as Partnership Banking had.
(2) Where, before the succession day, documentary or other evidence would have been admissible for or against the interests of Partnership Banking, that evidence is admissible, on or at any time after that day, for or against the interests of St. George.