Western Australian Consolidated Acts Western Australian Consolidated ActsPreamble
Whereas provision is made by the Building Societies Act 1986 of the State
of Victoria, as amended, (in this preamble referred to as “the Victorian
Act”) for the merger of the assets, liabilities and undertakings of a
building society incorporated in the State of Victoria and those of a building
society incorporated in another State or a Territory of the Commonwealth;
And whereas the Perth Building Society, a building society incorporated in the
State of Western Australia, (in this preamble referred to as
“PBS”) and Hotham Permanent Building Society, a building society
incorporated in the State of Victoria, (in this preamble referred to as
“Hotham”) propose to apply for the issue of a certificate under
section 108C of the Victorian Act for the purpose of such a merger;
And whereas the assets, liabilities and undertakings of PBS and those of
Hotham will, if the applications of PBS and Hotham for such a certificate are
successful, be merged, with the result that all the assets, liabilities and
undertakings of Hotham will be vested in PBS;
And whereas it is expedient that the aforesaid merger and vesting be given
effect in the State of Western Australia by Act of the Parliament:
[Preamble amended by No. 19 of 2010
s. 50.]
Be it enacted by the Queen’s Most Excellent Majesty, by and with the
advice and consent of the Legislative Council and the Legislative Assembly of
Western Australia, in this present Parliament assembled, and by the authority
of the same, as follows: —