Commonwealth Inscribed Stock Regulations (Amendment) (Cth)

STATUTORY RULES.

1952. No. 26.

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REGULATION’S 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 twenty third day of April, 1952.

W. J. McKELL

Governor-General.

By His Excellency’s Command,

Treasurer.

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AMENDMENTS OF THE COMMONWEALTH INSCRIBED STOCK REGULATIONS. 

1. After regulation 51 of the Commonwealth Inscribed Stock Regulations the following regulation is inserted:—

Surrender by banks of War Savings and Savings Certificates held in safe custody.

“51A.—(1.) A bank which holds Treasury Bonds known as War Savings Certificates or Savings Certificates in safe custody for a person may surrender those bonds to a Registrar.

“(2.) A bank which surrenders bonds in pursuance of the last preceding sub-regulation shall be entitled to a certificate, in accordance with Form 38A, equivalent in face value to the total face value of the bonds surrendered, and the Registrar shall issue the certificate accordingly.”.

The Schedule.

2. The Schedule to the Commonwealth Inscribed Stock Regulations is amended by inserting, after Form 38, the following form:—

Form: 38A.

Regulation 51A

COMMONWEALTH OF AUSTRALIA.

SAVINGS CERTIFICATE.

Issued under the Commonwealth Inscribed Stock Act 1911-19

This Certificate entitles the bearer to payment at the Commonwealth Bank

of Australia at of the sum of on the day of 19 , and that sum is secured on the Consolidated Revenue of the Commonwealth of Australia.

Secretary to the Treasury.

Signature of Registrar of Inscribed Stock.

Registry stamp.

 

* Notified in the Commonwealth Gazette on , 1952.

  Statutory Rules 1944, No. 186, as amended by Statutory Rules 1946, No. 75; and 1947, No. 96.

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By Authority: L. F. JOHNSTON, Commonwealth Government Printer, Canberra.

1066.―PRICE 3D. 9/24.3.1952.