Bankwest owner to give annual certificate of compliance with this Part
42N Bankwest owner to give annual certificate of compliance with this Part
The Bankwest owner must, within 90 days after the end of each financial year of the Bankwest business, give the Minister a certificate to the effect that it has complied with the obligations imposed by this Part.
The certificate must be —
signed by the managing officer of the Bankwest business and the chief financial officer of the Bankwest owner; and
verified by each of those persons by statutory declaration; and
laid before each House of Parliament by the Minister or dealt with in accordance with subsection (3) within 30 days after receipt of the certificate referred to in subsection (1).
If —
a House of Parliament is not sitting at the commencement of the period referred to in subsection (2)(c) in respect of a certificate; and
the Minister is of the opinion that that House will not sit during that period,
the Minister is to transmit a copy of the certificate to the Clerk of that House.
A copy of a certificate transmitted to the Clerk of a House is to be taken to have been laid before that House.
The laying of a copy of a certificate that is regarded as having occurred under subsection (4) is to be recorded in the Votes and Proceedings, or Minutes, of the House on the first sitting day of the House after the Clerk received the copy.
[Section 42N inserted: No. 14 of 2012 s. 7.]
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