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s 42K

Points of presence in regional areas not to be closed

In force
Part 5AProvisions relating to transfer of BWA business and conduct of Bankwest business
Division 3Obligations relating to 5 year period after transfer day

42K Points of presence in regional areas not to be closed

(1)

The Bankwest owner must not, at any time during the relevant period, close a point of presence that —

(a)

is not in the metropolitan region as defined in the Planning and Development Act 2005 section 4(1); and

(b)

is not in the Mandurah local government district.

(2)

Subsection (1) does not prevent the closure of a point of presence if the closure results from —

(a)

the relocation of the point of presence to a place within 5 km of its previous location; or

(b)

the amalgamation of the point of presence with another point of presence within 5 km of its previous location.

(3)

In subsection (2) —

previous location means the place where the point of presence was located immediately before the closure.

[Section 42K inserted: No. 14 of 2012 s. 7.]

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