Banking (Foreign Exchange) Regulations 1959 Exemption (subregulation 9(1)) (21/06/1984) (Cth)

BANKING (FOREIGN EXCHANGE) REGULATIONS

EXEMPTION

Reserve Bank of Australia in pursuance of Regulation 38 of the Banking (Foreign Exchange) Regulations hereby exempts from the application of sub-regulation 9(1) of the Regulations the sale, loan, transfer, mortgaging or charging of any security or land that is in Australia by, by the order of, or on behalf of, a person who is not a resident to another person who is not a resident, or to a person acting on behalf of such a person.

This instrument shall come into operation on 25 June 1984.

Dated at Sydney this 21^st day of June 1984.

For and on behalf of the Reserve Bank of Australia.

D. N. SANDERS

   Deputy Governor