Banking (Savings Banks) Regulations (Amendment) (Cth)
REGULATIONS UNDER THE BANKING ACT 1959.*
I,
THE ADMINISTRATOR of the Government of the Commonwealth of Australia, acting
with the advice of the Federal Executive Council, hereby make the following Regulations
under the
Dated this eighth day of June, 1977.
Administrator
By His Excellency’s Command,
Minister of State for Aboriginal Affairs for and on behalf of the Treasurer.
Amendments of the Banking (Savings Banks) Regulations
(a) by omitting from sub-regulation (1) the definition of “ authorized dealer in the short-term money market ” and substituting the following definition:—
“ ‘ authorized dealer in the short-term money market ’ means a corporation that is specified in the Schedule and deals in securities (including securities issued by the Commonwealth), borrows money for that purpose for short periods and has an arrangement with the Reserve Bank to facilitate the borrowing of money for short periods for the purpose of dealing in securities (including securities issued by the Commonwealth);”;
(b) by inserting in paragraph (i) of sub-regulation (2), before the word “ loans ”, the word “ secured ”; and
(c) by omitting from paragraph (i) of sub-regulation (2) the words “ upon the security of securities issued by the Commonwealth ”.
SCHEDULE Sub-regulation 5 (1)
CORPORATIONS REFERRED TO IN THE DEFINITION OF “AUTHORIZED DEALER IN THE SHORT-TERM MONEY MARKET”
ALL-STATES DISCOUNT LIMITED
A.M.P. DISCOUNT CORPORATION LIMITED
CAPEL COURT SECURITIES LIMITED
*
Notified in the
Statutory Rules 1960, No.6 as amended by Statutory Rules 1962, No. 58; 1963, No. 80; 1966, No. 69; 1970, No. 167; and 1974, No. 155 and 1977 Nos. 63 and 86.
DELFIN DISCOUNT COMPANY LIMITED
FIRST FEDERATION DISCOUNT CO. LIMITED
NATIONAL DISCOUNT CORPORATION LIMITED
SHORT TERM ACCEPTANCES LIMITED
TRANS CITY DISCOUNT LIMITED
UNITED DISCOUNT COMPANY OF AUSTRALIA LIMITED
Printed by Authority by the Acting Commonwealth Government Printer
11013/77 Cat. No. —Recommended retail price 10c 14/11.5.1977
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