Commonwealth Powers (State Banking) Act 1992
6Excluded matters
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6 Excluded matters
6 Excluded matters
(1) The reference under section 5 does not include any matter so far as it would confer powers to make provision for or with respect to all or any of the following matters:
(a) prohibiting the Bank (whether specifically or as part of a provision of more general application) from carrying on banking business unless it is in possession of an authority (however described) to do so under a law of the Commonwealth,
(b) granting, suspending, cancelling or otherwise dealing with such an authority in relation to the Bank.
(2) Subsection (1) ceases to have effect on a day to be appointed by proclamation for the purposes of this section.
Editorial note—
Section 6 (1) ceased to have effect on 30 June 1994. See proclamation pursuant to section 6 (2) in Gazette No 83 of 24.6.1994, p 3107.