TEMPORARY BAN
ACTION NATIONALISING BANKS BANKS AND STATES’ MOVE (N.Z.P.A.—Reuter— Copyright.) (10 a.m.) SYDNEY, Dec. 16. A temporary injunction restraining the Commonwealth from proceeding with the nationalisation of the banks in Australia was granted in the High Court yesterday by Mr. Justice Dixon. Applications for the injunction were made by Australian trading banks with London headquarters and the States of Victoria, South Australia and West Australia.
His Honour said he was not prepared to submit the case to the Full Court on the affidavits before him. He directed that the banks and the Commonwealth should file amended affidavits: If these were satisfactory, he would refer the case to the Full Court on January 15. The injunction would operate until the final judgment of the Full Court
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19471216.2.70
Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22512, 16 December 1947, Page 7
Word Count
126TEMPORARY BAN Gisborne Herald, Volume LXXIV, Issue 22512, 16 December 1947, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.