Commonwealth Bank Act 1911

E94361

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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AI-generated illustration of Commonwealth Bank Act 1911

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the 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.)

All labels observed (2)

Label Occurrences
Commonwealth Bank Act 1911 canonical 3
Commonwealth Bank Act 1

How this entity was disambiguated

Statements (30)

Predicate Object
instanceOf Australian federal statute ⓘ
banking legislation ⓘ
bankOwnershipModel state-owned bank ⓘ
country Australia ⓘ
createdEntity Commonwealth Bank of Australia ⓘ
enactedBy Parliament of Australia ⓘ
established Commonwealth Bank of Australia ⓘ
governmentOwnerOfBank Commonwealth of Australia ⓘ
historicalSignificance laid the foundation for a national banking system in Australia ⓘ
precursor to central banking functions in Australia ⓘ
inForceStatus subsequently amended and superseded ⓘ
inspiredBy policies of Australian Labor Party on public banking ⓘ
introducedBy Andrew Fisher government ⓘ
jurisdiction Commonwealth of Australia ⓘ
language English ⓘ
laterRoleOfBank central banking functions in Australia ⓘ
legalForm Act of Parliament ⓘ
legislativeBody Parliament of Australia ⓘ
politicalContext enacted under a Labor government ⓘ
providedFor functions of the Commonwealth Bank of Australia ⓘ
purpose to create a national banking institution in Australia ⓘ
to establish the Commonwealth Bank of Australia ⓘ
region Australia ⓘ
relatedInstitution Reserve Bank of Australia ⓘ
royalAssentDate 1911 ⓘ
sector financial services ⓘ
subjectMatter banking regulation ⓘ
establishment of a government-owned bank ⓘ
typeOfBankEstablished commercial bank ⓘ
yearOfEnactment 1911 ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Australian pound → legalBasis → Commonwealth Bank Act 1911 ⓘ
Australian Notes Act 1910 → replacedBy → Commonwealth Bank Act 1911 ⓘ
Commonwealth Bank Board → operatedUnder → Commonwealth Bank Act ⓘ
linked to: Commonwealth Bank Act 1911