Banking (Foreign Exchange) Regulations (Amendment) (Cth)

STATUTORY RULES

1973 No. 72

 

REGULATION UNDER THE BANKING ACT 1959-1967.*

WHEREAS by instrument under sub-section (1.) of section 29 of the Banking (Transitional Provisions) Act 1959 published in the Gazette on the fourteenth day of January, One thousand nine hundred and sixty, the Governor-General declared that, notwithstanding the repeal effected by section 4 of the Banking Act 1959, the Banking (Foreign Exchange) Regulations in force under the Banking Act 1945-1953 immediately before the commencement of Part VII. of the Banking (Transitional Provisions) Act 1959 should continue in force as if they were made under the Banking Act 1959:

AND WHEREAS by virtue of paragraph (a)of sub-section (1.) of section 29 of the Banking (Transitional Provisions) Act 1959, those Regulations may be amended or repealed by regulations under the Banking Act 1959-1967:

AND WHEREAS by section 39 of the Banking Act 1959-1967, it is provided that, where the Governor-General is satisfied that it is expedient so to do, for the protection of the currency or of the public credit of the Commonwealth, or in order to conserve, in the national interest, the foreign exchange resources of the Commonwealth, he may make regulations, not inconsistent with that Act, making provision for or in relation to the control of foreign exchange and, in particular, but without limiting the generality of the foregoing, for or in relation to certain matters specified in that section:

AND WHEREAS I, the Governor-General in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, am satisfied that it is expedient, for the protection of the currency and of the public credit of the Commonwealth, and in order to conserve, in the national interest, the foreign exchange resources of the Commonwealth, to make the following Regulation:

NOW THEREFORE I, the Governor-General aforesaid, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Banking Act 1959-1967

Dated this fifth day of April , 1973.

Paul Hasluck

Governor-General.

By His Excellency’s Command,

Treasurer.

 

Amendment of the Banking (Foreign Exchange) regulations

First Schedule

The First Schedule to the Banking (Foreign Exchange) Regulations is amended by omitting Form A and substituting the following Form:—

 

* Notified in the Commonwealth Gazette on 1973.

  Statutory Rules 1946, No. 191, as amended by Statutory Rules 1947, Nos. 65 and 102; 1948, Nos. 39 and 165; 1950, No. 46; 1952, Nos. 15 and 80; 1953 No. 24; 1954, No. 96; 1960, No. 8; 1965, No. 168; 1967, No. 70; and 1970, No. 130.

16547/72—Price 5c 9/23.2.1973

 

Regulation 19 Form A

Commonwealth of Australia

Banking (Foreign Exchange) Regulations

APPLICATION FOR AN ORDINARY LICENCE TO EXPORT GOODS

Exporter (name and address)

Name of owner of goods at time of export (if different to exporter)

Consignee (name and address)

Bank in Australia handling shipping documents and proceeds

Branch

Manner in which currency representing proceeds will accrue

* Invoice value $A......................(State whether f.o.b., c.i.f. or otherwise)

 1. Ship

  2. Airline

 3. Post

Port or airport of loading

Port or airport of discharge

Final destination of goods

Marks and numbers Number and kind of packages Quantity and description of goods

I, hereby apply for an ordinary licence to export the goods as described herein and declare that I am the ‡ exporter / ‡ duly authorized agent of the exporter and that the particulars shown herein are true and correct in every particular.

(Signature of exporter or agent of exporter)

Address (if signed by agent)

Date

* Here state the invoice value of the goods, that is to say—

(a)in the case of goods sold to overseas buyers before export—the sale price according to the contract of sale; or

(b) in the case of goods shipped on consignment or any other goods not sold to overseas buyers before export— the estimated value of the goods in the principal markets of the country to which the goods are being consigned or shipped.

  Indicate the manner in which the goods are to be transported overseas by striking out whichever is inapplicable; if the goods are to be transported by ship or airline, also state name of ship or airline.

‡ Strike out whichever is inapplicable.

Printed by Authority by the Government Printer of the Commonwealth of Australia.