27E
In forceMemorandum and articles of Commonwealth Bank
Part IVThe Commonwealth Bank
Division 2Conversion of Commonwealth Bank into a public company
27E Memorandum and articles of Commonwealth Bank
(1)
As from the conversion time, the proposed memorandum, and the proposed articles, lodged under paragraph 27C(1)(c):
(a)
are respectively the memorandum, and the articles, of the Commonwealth Bank; and
(b)
bind the Commonwealth Bank and its members accordingly.
(2)
As from the conversion time, the Companies Act 1981 applies in relation to the Commonwealth Bank’s memorandum and articles as if they had been registered as such under that Act.
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