Banking (Transitional Provisions) Act 1959
13Interpretation
Start here
Get a plain-English read of 13
Turn the raw legal text into a practical explanation grounded in Banking (Transitional Provisions) Act 1959.
13 Interpretation
(1) In this Part, unless the contrary intention appears:
actuary means a Fellow or Associate of the Institute of Actuaries (London) or of the Faculty of Actuaries (Edinburgh).
the commencing date means the date on which this Part comes into operation.
the Governor means the Governor of the Reserve Bank.
the Managing Director means the Managing Director of the Commonwealth Banking Corporation.
the Reserve Bank means the Reserve Bank of Australia.
(2) A reference in this Part to a person who, immediately before the commencing date, was an officer of the Commonwealth Bank Service shall be read as not including a reference to a person who ceased to be such an officer on the day immediately preceding that date by reason of his retirement, resignation or dismissal.