Statutory Rules
1983 No. 711
—————
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
June 1983.
N. M.
STEPHEN
Governor-General
By His
Excellency’s Command,
(Sgd.) Paul Keating
Treasurer
––––––
Receipt
for application
1. Regulation 8 of the
Commonwealth Inscribed Stock Regulations is amended by omitting “Upon” and
substituting “In respect of an application that has not been rejected, upon”.
Name
and address to be entered in Stock Ledger
2. Regulation 10 of the
Commonwealth Inscribed Stock Regulations is amended by omitting from
sub-regulation (2) “at the address previously recorded in the Stock Ledger”.
Prescribed
amount of stock for purposes of section 29 of the Act
3. Regulation 25a of the Commonwealth Inscribed Stock
Regulations is amended by omitting “Five thousand dollars” and substituting “$10,000”.
Payment
of interest
4. Regulation 32 of the
Commonwealth Inscribed Stock Regulations is amended by omitting sub-regulation
(3) and substituting the following sub-regulation:
“(3)
Where the terms and conditions on which stock is issued and sold allow, and
upon a request being made in accordance with Form 24, interest may be paid into
a bank account, including a savings bank account, or into an account with
another financial institution approved by the Treasurer.”.
S.R. 15/83 Cat. No. Recommended retail price 20c 11/5.4.1983
Applications
for bearer securities
5. Regulation 52 of the
Commonwealth Inscribed Stock Regulations is amended by omitting from
sub-regulation (3) “Upon” and substituting “In respect of an application that
has not been rejected, upon”.
Delivery
of bearer securities on behalf of a deceased person
6. Regulation 54 of the
Commonwealth Inscribed Stock Regulations is amended by omitting from
sub-regulation (1) “One thousand two hundred dollars” and substituting “$10,000”.
The
Schedule
7. The Schedule to the
Commonwealth Inscribed Stock Regulations is amended by omitting Form 24 and
substituting the following form:
FORM
24 Sub-regulation
32 (3)
Commonwealth Inscribed Stock Act
1911
REQUEST TO PAY INTEREST
TO ACCOUNT AT BANK OR OTHER FINANCIAL INSTITUTION
To
the Registrar
Registry
of Inscribed Stock
at
Please
pay to the credit of
(Name) at the
(Name and branch of Bank or other financial
institution)
(Nature of Account and Account Number)
all
interest as it becomes due on stock which is now inscribed or may in the future
be inscribed in the name(s) of (Name of
stockholder) of (Address).
Date Signature
(s)
NOTES
1. Notified in the Commonwealth of Australia Gazette on 9 June 1983.
2.Statutory
Rules 1944 No. 186 as amended by 1946 No. 75; 1947 No. 96; 1952 No. 26; 1959
Nos. 8, 39 and 96; 1961 No. 86; 1962 No. 57; 1963 No. 84; 1964 No. 19; 1966 No.
61; 1971 No. 144; 1974 No. 69; 1976 Nos. 64 and 144; 1980 No. 19.
Printed
by Authority by the Commonwealth Government Printer