Commonwealth Savings Bank Regulations (Amendment) (Cth)

STATUTORY RULES.

1932. No. 139.

 

REGULATIONS UNDER THE COMMONWEALTH BANK ACT 1911-1932.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following regulation under the Commonwealth Bank Act 1911-1932, to come into operation forthwith.

Dated the ninth day of December, 1932.

ISAAC A. ISAACS

Governor-General.

By His Excellency’s Command,

W. MASSY GREENE

for Treasurer.

 

Admendment of Commonwealth Savings Bank Regulations.

(Statutory Rules 1928, No. 77, as amended to this date.)

1. Regulation 10 of the Commonwealth Savings Bank Regulations is amended—

(a) by inserting in sub-regulation (2.) before the words “Every officer” the words “Subject to this regulation,”; and

(b) by inserting after sub-regulation (2.) the following sub-regulation:—

“(2a.) Every person who becomes an officer after the fourteenth day of December, One thousand nine hundred and thirty-two, and who in pursuance of clause twenty-three of the agreement contained in the First Schedule to the Commonwealth and State Banks Agreements Ratification Act, 1931 of the State of New South Wales, is required to contribute to the fund established by the Superannuation Act 1916-1930 of that State, shall not, so long as he is so required to contribute, be entitled or compelled to subscribe to the Bank’s Superannuation Fund.”.

 

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

4127.—Price 3d.