Companies Regulations (ACT)

864 COMPANIES O R D I N A N C E -

REGULATIONS 1962. N o . 10.*

Matters and	Regulation 12 of the Companies Regulations is amended—
things to
tadeedsded	( a ) b v inserting after paragraph (d) of sub-regulation (1.) the

following paragraph:—

" (da) provisions binding the management company and the trustee or representative, respectively, that the management company or the trustee or repre- sentative, as the case may be, will not—

(i) invest any moneys available for investment under the deed in any interest unless a deed approved for the purposes of Division 5 of Part IV. of the Ordinance, or of a corresponding law of a pro- claimed State, relates to that interest; and

(ii) vest any property comprising an interest, or part of an interest, to which the deed relates in a trustee or representative other than a trustee or representative ap- pointed by a deed approved for the purposes of Division 5 of Part IV. of the Ordinance or of a corresponding law of a proclaimed State;"; and

(b) by omitting from sub-regulation (2.) the words "and 'manage- ment company ' " and inserting in their stead the words " , ' management company ' and ' proclaimed State ' ".

* Made under the Companies Ordinance 1962 on 31st October, 1962; notified in the Commonwealth

Gazette and commenced on 8th November, 1962.

Authorised by the ACT Parliamentary Counsel—also accessible at