Export Finance and Insurance Corporation Regulations (Amendment) (Cth)

Statutory Rules 1982 No. 1951

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Export Finance and Insurance Corporation Regulations (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Export Finance and Insurance Corporation Act 1974.

Dated 11 August 1982.

N. M. STEPHEN

Governor-General

By His Excellency’s Command,

J. D. ANTHONY

Minister of State for Trade and Resources

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Percentage of loss that may be covered

1. Regulation 4 of the Export Finance and Insurance Corporation Regulations is amended by omitting paragraph (1) (b) and substituting the following paragraph:

“(b) in relation to any other cause—95 per cent.”.

2. After regulation 9a of the Export Finance and Insurance Corporation Regulations the following regulation is inserted:

Salaries of officers

“9b. For the purposes of sub-section 62 (2) of the Act the following rate is prescribed, namely, the maximum rate of salary per annum payable to an officer of the Australian Public Service occupying an office classified as Clerk Class 11.”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 18 August 1982.

2. Statutory Rules 1975 No. 9 as amended by 1977 No. 14; 1978 No. 271; 1980 No. 312; 1981 No. 351.