Deficiency (Revenue) Amendment Act 1930 (NSW)

DEFICIENCY (REVENUE)

AMENDMENT ACT.

Act No. 42, 1930.

An Act to authorise the issue of a loan to cover a further deficiency debt up to the thirtieth day of June, one thousand nine hundred and twenty-eight; to provide for the redemption of such loan; to amend the Deficiency (Revenue) Act, 1929; and for purposes connected therewith. [Assented to, 25th June, 1930.]

it enacted b y t h e K i n g ' s Mos t Exce l l en t Majes ty , lative Counci l and Legis la t ive Assembly of N e w South	BE by and wi th t h e advice and consent of t h e Legis ­
"Wales in P a r l i a m e n t assembled, and by the au tho r i t y of t he same, as follows :—

1.	This Ac t m a y be cited as t he "Def ic iency	(Revenue)
A m e n d m e n t	Ac t ,	1930 . "

2.     The Deficiency (Revenue) Ac t , 1929, is a m e n d e d —

(a) by inse r t ing n e x t after section two t h e follow­ ing n e w section :—

2A . The Governor may , in addi t ion to t he loan au thor i sed by sect ion two of th i s Ac t ,

(b)

au thor i se u n d e r t h e au thor i ty of th is A c t t he

r a i s ing of a fu r the r loan b y t h e issue of stock, bonds , or o ther securi t ies in con­ formi ty wi th t h e t e rms of t h e ag reemen t ratified bv the F inanc i a l A g r e e m e n t Ra t i - fication Ac t , 1928, to t h e e x t e n t of a net s u m of five h u n d r e d a n d e igh ty - two thou ­ sand five h u n d r e d and forty-l ive pounds to cover a fur ther deficiency in t he Consoli­ da ted R e v e n u e F u n d to t he t h i r t i e th day of

J u n e , one thousand n ine h u n d r e d and

twen ty -e igh t .

(b) by inserting in subsection two of section: five after the words " a n d twenty-eiffht " tbei words " a n d in respect of the sum of five, hundred and eighty-two thousand five hun- dred and forty-five pounds referred to in section 2 A . "