VICIn ForceAct
State Bank (Succession of Commonwealth Bank) Act 1990
12Proceedings
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12 Proceedings
Where, immediately before the succession day, proceedings (including arbitration proceedings) to which the State Bank was a party were pending or existing in any court or tribunal, then, on and after the succession day, the Commonwealth Bank is substituted for the State Bank as a party to the proceedings and has the same rights in the proceedings as the State Bank had.