Commonwealth Inscribed Stock Regulations (Amendment) (Cth)

STATUTORY RULES.

1926. No. 165.

 

REGULATIONS UNDER THE COMMONWEALTH INSCRIBED STOCK ACT 1911-1918.

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 1911-1918, to come into operation forthwith.

Dated this twentieth day of November, 1926.

STONEHAVEN,

Governor-General.

By His Excellency’s Command,

EARLE PAGE,

Treasurer.

 

Regulations under the Commonwealth Inscribed Stock Act 1911-1918.

(Statutory Rules 1925, No. 203, as amended by Statutory Rules 1926, No. 26.)

Regulation 15 of the Commonwealth Inscribed Stock Regulations is amended by omitting therefrom the letter “(a)”.

After Regulation 15 of the Commonwealth Inscribed Stock Regulations the following regulation is inserted:—

“15. (A) In cases where stock is inscribed in the name of a minor jointly with one or more adult persons, the redemption money may, if the minor has attained the age of fourteen years, be paid to such minor jointly with the adult person or persons in whose names the stock is inscribed. In cases where the minor has not attained the age of fourteen years, or appears to the Registrar to have not attained the age of fourteen years, such redemption money may be paid to the minor’s guardian jointly with the adult person or persons in whose names the stock is inscribed.”

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

“44. (A) In cases where stock is inscribed in the name of a minor jointly with one or more adult persons the interest on such stock may, if the minor has attained the age of fourteen years, be paid to such minor jointly with the adult person or persons in whose names the stock is inscribed. In cases where the minor has not attained the age of fourteen years, or appears to the Registrar to have not attained the age of fourteen years, the interest may be paid to the minor’s guardian jointly with the adult person or persons in whose names such stock is inscribed.”

 

Printed and Published for the Government of the Commonwealth of Australia by H. J. Green, Government Printer for the State of Victoria.

C.16196.—Price 3d.