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Part 2Privatisation of the Bank

5 Terms used

In this Part, unless the contrary intention appears —

Bank means Bank of Western Australia Ltd referred to in section 22 of the existing Act;

existing Act means the Bank of Western Australia Act 1990 2;

private placement means the sale of shares in the Bank in a way that would not require R & I Holdings to lodge a notice under section 1043B of the Corporations Law (assuming it were not exempt from the requirements of Chapter 7 of that Law);

privatisation order means an order, and any amendment to it, made under section 7;

public float means the sale of shares in the Bank to the public in a way that would require R & I Holdings to lodge a notice under section 1043B of the Corporations Law (assuming it were not exempt from the requirements of Chapter 7 of that Law);

R & I Holdings means the body corporate referred to in section 6 of the existing Act;

voting share has the meaning given by section 9 of the Corporations Law.

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