Commonwealth Inscribed Stock Regulations (Amendment) (Cth)

STATUTORY RULES.

1936. No. 72.

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REGULATIONS UNDER THE COMMONWEALTH INSCRIBED STOCK ACT 1911-1933.*

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 1911-1933.

Dated this twenty-eighth day of May, 1936.

(SGD.) GOWRIE.

Governor-General.

By His Excellency’s Command,

Treasurer.

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Amendment of the Commonwealth Inscribed Stock Regulations. 

1. Regulations 48, 49 and 50 of the Commonwealth Inscribed Stock Regulations are repealed and the following regulations inserted in their stead:—

“48. Before handing over the bonds the Registrar shall cause the overdue interest coupons to be cut off and cancelled.

“49. At the close of each month the Registrar shall forward to the Secretary to the Treasury by registered letter—

(a) all interest coupons cut off in pursuance of the last preceding regulation, together with a return in accordance with Form 24; and

(b) a return in accordance with Form 25 of all bonds issued in exchange for stock, for notation in the General Register of Treasury Bonds,

and shall forward a duplicate of the returns to the Auditor-General.”.

2. Regulations 53 and 54 of the Commonwealth Inscribed Stock Regulations are repealed and the following regulations inserted in their stead:—

“53. The Registrar shall cancel all bonds surrendered under the last preceding regulation.

“54. At the close of each month the Registrar shall forward to the Secretary to the Treasury, for notation in the General Register of Treasury Bonds, all bonds so surrendered during the month, with interest coupons attached, together with a notice in accordance with Form 30, and shall forward a duplicate of the notice to the Auditor-General.”.

 

* Notified in the Commonwealth Gazette on , 1936.

  Statutory Rules 1927, No. 157, as amended by Statutory Rules 1928, Nos. 29 and 61; 1931, Nos. 17, 102, 129 and 151; 1932, Nos. 71 and 135; 1934, Nos. 8 and 123 ; and 1935, No. 128.

2428.—6/14.5.1936.—Price

3.Regulations 63 and 64 of the Commonwealth Inscribed Stock Regulations are repealed and the following regulations inserted in their stead:—

“63.—(1.) The Registrar shall cancel all Treasury Bonds surrendered for other bonds under regulations 61 and 62 of these Regulations, and, at the close of each month, shall forward to the Secretary to the Treasury all bonds so surrendered during the month, with interest coupons attached, together with a notice in accordance with Form 41, and shall forward a duplicate of the notice to the Auditor-General.

(2.) The Registrar shall specially indicate on Form 41 bonds surrendered under regulation 62 in exchange for bonds to be issued in another State, and the names of the States in which the bonds are to be issued.

“64.—(1.) At the close of each month, the Registrar shall forward to the Secretary to the Treasury, for notation in the General Register of Treasury Bonds, a return in accordance with Form 42, setting forth the numbers of bonds, their denominations, and the total number of bonds issued in exchange for other bonds under regulations 61 and 62 of these Regulations, and shall forward a duplicate of the return to the Auditor-General.

“(2.) The Registrar shall specially indicate on Form 42 bonds issued in exchange for bonds surrendered in another State, and the name of the State in which each bond was surrendered.”.

4.Regulation 65 of the Commonwealth Inscribed Stock Regulations is repealed and the following regulation inserted in its stead:—

“65.—(1.) Before handing over the bonds in exchange for those surrendered under regulations 61 and 62 of these Regulations, the Registrar shall cause the overdue coupons to be cut off and cancelled.

“(2.) At the close of each month, the Registrar shall forward the coupons to the Secretary to the Treasury by registered letter accompanied by a return in Form 43, and shall forward a duplicate of the return to the Auditor-General.

“(3.) The Registrar shall specially indicate on Form 43 coupons cut from bonds issued in respect of bonds surrendered in another State, and the name of the State in which each bond was surrendered.”.

5.Regulation 66 of the Commonwealth Inscribed Stock Regulations is amended by omitting paragraph (d)and inserting in its stead the following paragraph:—

“(d)The Registrar shall forward to the Secretary to the Treasury daily, for notation in the General Register of Treasury Bonds, a return in accordance with Form 45, setting forth the numbers of bonds, their denominations, and the total amount of bonds sold under paragraph (a) of this regulation, and he shall forward a duplicate of the return to the Auditor-General.”.

6. Regulation 67 of the Commonwealth Inscribed Stock Regulations is repealed and the following regulation inserted in its stead:—

“67. At the close of each month, the Registrar shall forward to the Secretary to the Treasury, for notation in the General Register of Treasury Bonds, a return in accordance with Form 46 setting forth the numbers of bonds, their denominations, and the total number of bonds issued as a result of subscriptions obtained by public tender, and shall forward a duplicate of the return to the Auditor-General.”.

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