Commonwealth Inscribed Stock Regulations (Amendment) (Cth)

Statutory Rules 1986 No. 244

Commonwealth Inscribed Stock Regulations2

(Amendment)

I, THE GOVERNOR-GENERAL of 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.

Dated 3 Sept, 1986.

Governor-General

By His Excellency's Command,

C.J Humford

Minister of State for Immigration and

E t h n i c A f f a i r s f o r a n d o n b e h a l f o f t h e

Treasurer

Repeal of regulation 15

1. Regulation 15 of the Commonwealth Inscribed Stock Regulations is

repealed.

Sealing of documents by bodies corporate

2. Regulation 62 of the Commonwealth Inscribed Stock Regulations is

amended—

(a) by omitting all the words from and including "shall be sealed" to and including "seal" and substituting "shall be duly scaled"; and

(b) by adding at the end the following sub-regulations:

"(2) For the purposes of sub-regulation (1), where

(a)	a document bears what appears to be an impression of the seal of a body corporate; and
(b)	the affixing of that impression of the seal appears to have been attested by 2 persons, one of whom purports to have signed as a director of the body corporate and the other of whom purports to have signed as a director or secretary of the body corporate,

the Registrar may regard the document as having been duly scaled

by the body corporate.

(S.R 331/85 Cat No. II????

2 Commonwealth Inscribed Stock 1986 No. 244

" ( 3 ) Sub-regulat ion (2) docs not apply in relation to a documen t if the Registrar knows, or has reason to suspect, that the documen t has not been duly sealed by the body corpora te.

" ( 4 ) Except where the Registrar has reason to suspect that a documen t has not been duly sealed by a body corporate, the Registrar is not required to examine any o the r document held in a Registry tha t pu rpo r t s to have been duly sealed by the body co rpora te at an

earl ier t ime.

" ( 5 ) A reference in sub-regulat ion (1) to ins t ruments under these

Regula t ions executed by a body co rpora te includes a reference to

appl ica t ions	under these	Regula t ions	m a d e	by a body	corpora te. ".
NOTES

1. Notified in the Commonwealth of Australia Gazette on 11 September 1986.

2. Statutory Rules 1944 No. 186 as amended by to date for previous amendments see note 2 to Statutory Rules 1986 No. 242 and see also Statutory rules 1976 Nos. 242 and 243.

P r i n t e d by A u t h o r i t y by the C o m m o n w e a l t h Government Pr inter