Co-operative Housing Societies Acts Amendment Act of 1962 (Qld)

21 (Qumudanb ~ ANNO UNDECIMO ELIZABETHAE SECUNDAE REGINAE •• t I I I I I I I t I I I t I I I I I I tttt t I I •I I I I t I I I I I I I I tt I I I ttt I No. 6 of 1962 An Act to Amend "'lbe Co-operative Housing Societies Acts, 1958 to 1961," in certain particolan [ASSENTED TO 11TH OCTOBER, 1962] B E it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- 1. (1) This Act may be cited as "The Co-operative Short title .Housing Societies Acts Amendment Act of 1962." (2) "The Co-operative Housing Societies Acts, 1958 Principal to 1961," are in this Act referred to as the Principal Act. Act (3) The Principal Act and this Act may be collectively c;ottec:tiw cited as "The Co-operative Housing Societies Acts, 1958 title to 1962." 2. Subsection (3) of section thirteen of the Principal Amendment Act is amended by omitting from the proviso thereto the ors. 13 < 3 > words " made at the adjourned meeting referred to in section eight of this Act ".

22 Co-operative Housing Societies, Etc., Bill of 1962, No. 6 Amendment 3. Section twenty-three of the Principal Act 1s ors. 23 amended by omitting subsection (3). Amendment 4. Section twenty-five of the Principal Act is ofs. 25 amended by adding the following subsection:- " (13) The Governor in Council may by Order in Council approve of the making by a society to its members of advances of an amount or amount per centum, or both, specified in the Order in Council in excess of- (a) the amount fixed for the time being by, or by Order in Council under, subsection (7) of this section; or (b) the amount per centum of the value of the dwelling-house, including its appurtenant land, to be erected or acquired, fixed for the time being by, or by Order in Council under, subsection (6) of this section; or (c) both such amount and amount per centum, for the purpose of enabling such members to erect or acquire, in accordance with paragraphs (a), (b) or (c) of subsection (2) of this section, dwelling-houses at or in the place or locality specified in the Order in Council. While any Order in Council under this subsection continues in force, any society specified therein may, for the purpose of enabling any member of the society to erect or acquire, in accordance with paragraphs (a), (b) or (c) of subsection (2) of this section, a dwelling- house at or in the place or locality specified in the Order in Council, and notwithstanding any other provision of this section, make to such member an advance up to but not exceeding either or both, according as specified in the Order in Council,- (a) the amount specified in the Order in Council ; (b) the amount per centum of the value of the dwelling-house (including its appurtenant land) to be erected or acquired, specified in the Order in Council."

Co-operative Housing Societies, Etc., Bill of 1962, No. 6 23 5. The Principal Act is amended by inserting after News. 74A section seventy-four the following section :- " [74A.] (I) If any person- Procuration. &c., fees (a) seeks, claims or receives any commission, fee or reward, whether pecuniary or otherwise, from any person as a consideration or charge for procuring or obtaining, or offering or attempting to procure or obtain, for any person a loan from any society; or (b) advertises or otherwise holds himself out as being able to arrange or obtain finance for any person through or from any society, he shall, without prejudice to proceedings for any other offence for which he may be liable, be guilty of an offence and liable to a penalty of not more than one hundred pounds. (2) Any sum received in contravention of subsection (1) of this section may be recovered by the person who paid it from the person by whom it was received as a debt in any court of competent jurisdiction."