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s 5

Vesting of undertakings of existing banks in the Bank

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Part IIVesting of undertakings of Australia and New Zealand Bank Limited and The English, Scottish and Australian Bank, Limited in Australia and New Zealand Banking Group Limited

5 Vesting of undertakings of existing banks in the Bank

On the appointed day the undertakings of the existing banks shall, by virtue of this Act, be divested from the existing banks and vested in the Bank.

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