South Australian Consolidated Acts

BANK MERGER (BANKSA AND ADVANCE BANK) ACT 1996 - SCHEDULE

Schedule—Excluded assets and liabilities

The following are classified as excluded assets or liabilities (as the case requires)—

            (a)         BSAL's rights and liabilities under leasing and finance plan types 43, 49, 50, 51, 52, 53, 54 and 56 and under managed plan types 55 and 57;

            (b)         BSAL's liabilities under its issued shares;

            (c)         the shares in BSAL Financial Services Limited owned by BSAL;

            (d)         all rights and liabilities in relation to BSAL's employees;

            (e)         cash equal to the BSAL's retained earnings as at the appointed day.