Commonwealth Bank Act 1924
E352114
The Commonwealth Bank Act 1924 was an Australian federal law that restructured the Commonwealth Bank of Australia and formally established its role as the nation’s central bank.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Commonwealth Bank Act 1924 canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T3325393 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Commonwealth Bank Act 1924 Context triple: [Commonwealth Bank of Australia (central banking functions), centralBankingPowersConferredBy, Commonwealth Bank Act 1924]
-
A.
Commonwealth Bank Act 1911
The Commonwealth Bank Act 1911 was Australian federal legislation that established the Commonwealth Bank, laying the foundation for a national banking system and later central banking functions in Australia.
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B.
Reserve Bank Act 1959
The Reserve Bank Act 1959 is an Australian federal law that created the Reserve Bank of Australia and defines its powers, functions, and responsibilities as the nation’s central bank.
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C.
Currency Act 1963
The Currency Act 1963 was Australian legislation that established the framework for replacing the Australian pound with a decimal currency system, paving the way for the introduction of the Australian dollar.
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D.
Australian Notes Act 1910
The Australian Notes Act 1910 was a key federal law that established Commonwealth-issued paper currency and laid the foundation for a unified national monetary system in Australia.
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E.
Banking Act of 1935
The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Commonwealth Bank Act 1924 Target entity description: The Commonwealth Bank Act 1924 was an Australian federal law that restructured the Commonwealth Bank of Australia and formally established its role as the nation’s central bank.
-
A.
Commonwealth Bank Act 1911
The Commonwealth Bank Act 1911 was Australian federal legislation that established the Commonwealth Bank, laying the foundation for a national banking system and later central banking functions in Australia.
-
B.
Reserve Bank Act 1959
The Reserve Bank Act 1959 is an Australian federal law that created the Reserve Bank of Australia and defines its powers, functions, and responsibilities as the nation’s central bank.
-
C.
Currency Act 1963
The Currency Act 1963 was Australian legislation that established the framework for replacing the Australian pound with a decimal currency system, paving the way for the introduction of the Australian dollar.
-
D.
Australian Notes Act 1910
The Australian Notes Act 1910 was a key federal law that established Commonwealth-issued paper currency and laid the foundation for a unified national monetary system in Australia.
-
E.
Banking Act of 1935
The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
- F. None of above. chosen
Statements (30)
| Predicate | Object |
|---|---|
| instanceOf |
Act of Parliament
ⓘ
Australian federal statute ⓘ |
| appliesTo | Commonwealth Bank of Australia ⓘ |
| country | Australia ⓘ |
| definesRoleOf | Commonwealth Bank of Australia as central bank ⓘ |
| fieldOfLaw |
banking law
ⓘ
financial law ⓘ |
| government |
Australian federal government
ⓘ
linked to:
Australian government
|
| hasConsequence | formal recognition of the Commonwealth Bank of Australia as the nation’s central bank ⓘ |
| hasEffectOn |
Australian financial system
ⓘ
Australian monetary system ⓘ |
| isPartOf | Australian banking legislation framework ⓘ |
| jurisdiction | Commonwealth of Australia ⓘ |
| languageOfWork | English ⓘ |
| legalForm | Act ⓘ |
| legalStatus |
repealed in part
ⓘ
superseded in major respects by later banking legislation ⓘ |
| legislativeBody | Parliament of Australia ⓘ |
| purpose |
to establish the Commonwealth Bank of Australia as a central bank
ⓘ
to restructure the Commonwealth Bank of Australia ⓘ to separate central banking functions from commercial banking functions of the Commonwealth Bank of Australia ⓘ |
| region | Oceania ⓘ |
| regulates |
central banking functions in Australia
ⓘ
operations of the Commonwealth Bank of Australia ⓘ |
| restructuredEntity | Commonwealth Bank of Australia ⓘ |
| shortTitle | Commonwealth Bank Act 1924 ⓘ |
| subject |
banking regulation
ⓘ
central banking ⓘ monetary policy framework ⓘ |
| timePeriod | 20th century ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Commonwealth Bank Act 1924 Description of subject: The Commonwealth Bank Act 1924 was an Australian federal law that restructured the Commonwealth Bank of Australia and formally established its role as the nation’s central bank.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
Commonwealth Bank of Australia (central banking functions)
→
centralBankingPowersConferredBy
→
Commonwealth Bank Act 1924
ⓘ