Defence (Re-establishment Loans) Regulations (Amendment) (Cth)
STATUTORY RULES
REGULATION UNDER THE DEFENCE (RE-ESTABLISHMENT) ACT 1965-1967.*
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
Dated
this fourteenth day of December
CASEY
Governor-General.
By His Excellency’s Command,
Minister of State for Repatriation.
Amendment of the Defence (Re-establishment Loans) Regulations
Regulation 7 of the Defence (Re-establishment Loans) Regulations is repealed and the following regulations are inserted in its stead:—
“7.—(1.) If a loan under Part VI. of the Act does not exceed One hundred dollars, that loan does not bear interest.
“(2.) If a loan under Part VI. of the Act exceeds One hundred dollars, One hundred dollars of the loan does not bear interest.
“7a. For the purposes of section 54 of the Act, the prescribed rate of interest is four and one-half percentum per annum.”.
* Notified in the
Commonwealth Gazette on 1967.Statutory Rules 1967, No. 102.
By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra
16218/67—Price 5c 10/22.12.1967
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