BANKING AND STATE BANKING
OBSERVATIONS ON MELBOURNE V COMMONWEALTH LITIGATION: VALIDITY OF BANKING ACT 1945: COMMONWEALTH POWER TO REGULATE BANKING BY STATES: COMMONWEALTH POWER TO LEGISLATE WITH RESPECT TO STATE AUTHORITIES: MEANING OF ‘BANKING’, ‘STATE BANKING’ AND ‘STATE BANKING EXTENDING BEYOND THE LIMITS OF THE STATE CONCERNED’ IN s 51(xiii) OF CONSTITUTION: WHETHER ‘STATE BANKING’ INCLUDES TRANSACTIONS OF STATES, STATE AUTHORITIES AND LOCAL GOVERNING AUTHORITIES AS CUSTOMERS OF BANKS: WHETHER ss 18–22 OF BANKING ACT 1945 CONSTITUTE A LAW IMPOSING TAXATION: MEANING OF ‘TAXATION’ IN s 51(ii) OF CONSTITUTION: PARLIAMENTARY PRACTICE WITH RESPECT TO TAXATION LAWS: WHETHER BANKING ACT 1945 APPLIES TO COMMONWEALTH BANK, COMMONWEALTH SAVINGS BANK, STATE BANKS AND STATE SAVINGS BANKS: MEANING OF ‘STATE INSURANCE’: CONSTRUCTION OF s 48 OF BANKING ACT 1945: DRAFT NOTICE UNDER s 48 OF BANKING ACT 1945 SENT ON 1 MAY 1947 TO PRIVATE TRADING BANKS AND ITS EFFECT WHEN BROUGHT INTO FORCE: LETTERS OF 1 MAY 1947 SENT TO STATE AUTHORITIES AND LOCAL GOVERNING AUTHORITIES FOR