4. Perth Building Society authorized to apply for and implement merger
Notwithstanding anything in the Building Societies Act 1976, PBS is hereby authorized to apply for the issue of a certificate under section 108C of the Victorian Act for the purpose of merging the assets, liabilities and undertakings of Hotham with those of PBS and to do all things necessary or desirable for that purpose and, after the merger time, for implementing the merger taking effect on the issue of that certificate.
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