Commonwealth Banks Act 1973

No. 18 of 1973

AN ACT

To amend the Commonwealth Banks Act 1959–1968 to remove the Limitation on the Amount of Housing Loans to Individuals.

[Assented to 11 April 1973]

BE IT ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:—

Short title and citation.

1 1

1. (1) This Act may be cited as the Commonwealth Banks Act 1973.

 2

(2) The Commonwealth Banks Act 1959–1968, as amended by this Act, may be cited as the Commonwealth Banks Act 1959–1973.
2 Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.
3 Amount of loans.

3. Section 66 of the Commonwealth Banks Act 1959–1968 is repealed.