Commonwealth Inscribed Stock Regulations (Amendment) (Cth)

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STATUTORY RULES.

1959. No. 8.

REGULATIONS UNDER THE COMMONWEALTH INSCRIBED STOCK ACT 1911-1946.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Commonwealth Inscribed Stock Act 1911-1946.

Dated this 18th day of February, 1959.

W.J. SLIM

Governor-General.

By His Excellency's Command,

(SGD.) HAROLD HOLT

Treasurer.

AMENDMENTS OF THE COMMONWEALTH INSCRIBED STOCK REGULATIONS. 

1. After regulation 46 of the Commonwealth Inscribed Stock Regulations the following regulation is inserted:—

Commonwealth Government Special Bonds.

"46A. Securities in accordance with Form 32A, to be known as Special Bonds, are prescribed securities for the purposes of section 51A of the Act.".

Certainprovisions of Treasury Bills Act not to apply to Treasury Bonds, Debentures and prescribed securities.

2. Regulation 47 of the Commonwealth Inscribed Stock Regulations is amended by omitting from sub-regulation (1.) the words "and Debentures" and inserting in their stead the words ", Debentures and Special Bonds".

Lost, &c., bonds, &c.

3. Regulation 66 of the Commonwealth Inscribed Stock Regulations is amended by inserting in sub-regulation (4.), after the words "Treasury Bond", the words "or prescribed security".

The Schedule.

4. The Schedule to the Commonwealth Inscribed Stock Regulations is amended by inserting after Form 32 the following form:—

FORM 32A.

Regulation 46A.

[Front of Form.]

Series —Finally Repayable , 19 .

COMMONWEALTH OF AUSTRALIA.

SPECIAL BOND—SERIES

Issued under the Commonwealth Inscribed Stock Act 1911-19 .

TRANSFERABLE BY DELIVERY.

This Bond of a face value of entitles the bearer to payment at the office of the Commonwealth Bank of Australia at Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart or Launceston of the amount indicated hereon,

* Notified in the Commonwealth Gazette on 20th February 1959.

  Statutory Rules 1944, No. 186, as amended by Statutory Rules 1945, No. 75; 1947, No. 96; and 1952, No. 26.

7148/58.—PRICE 3D.  10/15.1.1959.

together with interest on face value at the rates shown hereon in accordance with the attached coupons and such sums are secured on the Consolidated Revenue of the Commonwealth of Australia.

Amount payable at redemption.

Interest payable each year on 1st January and 1st July.

At Maturity (date) £ or (subject to one month's notice)......

% per annum (date) to (date)

From (date) to (date) £............................................................................. .

% per annum (date) to (date)

From (date) to (date) £ ............................................................................

% per annum (date) to (date)

From (date) to (date) £ ............................................................................

% per annum (date) to (date)

No person shall be entitled to own Special Bonds—

Series —of a greater face value than £ .

Dated this day of , 19 .

(Signature of Treasurer or person appointed by the Governor-General)

 

COMMONWEALTH OF AUSTRALIA.

SPECIAL BOND INTEREST COUPON.

%.

Interest for months on £ (Date of interest payment)

Repayable 19 . £ (amount of interest)

[Reverse side of Form.]

COMMONWEALTH OF AUSTRALIA.

SPECIAL BOND—SERIES

£

Finally repayable , 19 .

[Here insert conditions subject to which interest on Bonds is payable.]

By Authority: A. J. ARTHUR, Commonwealth Government Printer, Canberra.

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