Examples of Reserve Bank Act in a sentence
If this opinion is being given in respect of the Bank of China this qualification should be replaced with the following: claims against the Issuer are subject to the provisions of sections 13A and 16 of the Banking Act and section 86 of the Reserve Bank Act 1959 of Australia.
The applicable laws referred to above include (but are not limited to) sections 13A and 16 of the Banking Act and section 86 of the Reserve Bank Act.
Registered Bank means a Person registered as a bank under the Reserve Bank Act.
The Securities will be the Bank’s direct, unconditional, unsubordinated and unsecured obligations and will rank equally among themselves and with all of the Bank’s other unsecured and unsubordinated obligations from time to time outstanding (except such obligations as are preferred by law, including, but not limited to sections 13A and 16 of the Australian Banking Act and Section 86 of the Reserve Bank Act 1959 of Australia).
The Reserve Bank Act, 1934, and the Banking Regulation Act, 1949 have given the RBI wide powers of supervision and control over commercial and co-operative banks, relating to licensing and establishments, branch expansion, liquidity of their assets, management and methods of working, amalgamation, reconstruction, and liquidation.
Second-hand goods means goods which were previously owned and used, but does not include animals; and gold coins issued by the Reserve Bank in terms of section 14 of the South African Reserve Bank Act.
ANZNIL is not a registered bank, and so is not directly subject to the conditions of registration imposed by the RBNZ, nor is it directly regulated by the RBNZ under the Reserve Bank Act.
New Zealand Branch means, where the Principal Debtor is a Person incorporated or established overseas, the New Zealand business of that Person, including the property, rights, assets and liabilities relating to the New Zealand business of that Person as referred to in section 117(3) of the Reserve Bank Act.
Accordingly, but without limitation to the other mandatory priority provisions of the Banking Act or the Reserve Bank Act 1959 of Australia or to other applicable laws, section 13A of Division 2 of Part II of the Banking Act provides that, in the event NAB becomes unable to meet its obligations or suspends payment, its assets in Australia are available to meet specified liabilities in Australia in priority to all other liabilities of NAB (including Notes issued by NAB).
This contract does not entail any oral or written promise or guarantee on the Organizer’s side, as to the amount or level of business and to the success of the organization.