Commonwealth Inscribed Stock Regulations (Amendment) (Cth)

STATUTORY RULES.

1946. No. 75.

REGULATIONS UNDER THE COMMONWEALTH INSCRIBED STOCK ACT 1911–1945.*

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 1911–1945.

Dated this sixteenth day of April, 1946.

HENRY

Governor-General.

By His Royal Highness’s Command,

J. B. CHIFLEY

Treasurer.

 

Amendments of the Commonwealth Inscribed Stock regulations. 

1.After regulation 44 of the Commonwealth Inscribed Stock Regulations the following regulation is inserted:—

Savings Certificates.

“44a. Treasury Bonds known as Savings Certificates shall be in accordance with Form 30a.”.

2.The Schedule to the Commonwealth Inscribed Stock Regulations is amended by inserting, after Form 30, the following Form:—

“Form 30a.

Regulation 44a.

Face value is payable on  19(Being   seven years after purchase date.)

Commonwealth of Australia.

SAVINGS CERTIFICATE.

£ No.

Issued under the Commonwealth Inscribed Stock Act 1911–19

Transferable by Delivery.

This Certificate entitles the Bearer to the payment at any Australian Branch of the Commonwealth Bank of Australia of the sum of  at the expiration of seven years after the  day of  One thousand nine hundred and forty  and such sum is secured on the Consolidated Revenue of the Commonwealth of Australia.

Secretary to the Treasury.

Stamp of

Issuing Office.

* Notified in the Commonwealth Gazette on 17th April, 1946.

 Statutory Rules 1944, No. 186.

2085.—Price 3d.

The Certificate may be cashed at any time within the period of seven years from the date of purchase. The value of the Certificate for purposes of redemption before maturity is set forth hereunder:—

Redemption Values after Date of Purchase.

s	d.
Within 1 year...........................................................
At end of 1 year......................................................................................
At end of 2 years....................................................................................
At end of 3 years...................................................................................
At end of 4 years....................................................................................
At end of 5 years....................................................................................
At end of 6 years....................................................................................
At maturity (7 years)..............................................................................

A person is not entitled to purchase or own Savings Certificates of a greater face value than £250.”.

 

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