Government Guarantees and Meat Industry (Amendment) Act 1943 (NSW)

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GOVERNMENT GUARANTEES AND MEAT

An Act to authorise the Colonial Treasurer to execute a guarantee under the Government Guarantees Act, 1934-1941, in favour of any bank in respect of the overdraft account with the bank of The Metropolitan Meat Industry Commissioner; to make certain provisions

INDUSTRY (AMENDMENT) ACT.

Act No. 26, 1943.

provisions in relation to the power of The Metropolitan Meat Industry Commissioner to borrow by way of overdraft; for these purposes to amend the Government Guaran­ tees Act, 1934-1941, and the Meat Industry Act, 1915-1934; and for purposes connected therewith. [Assented to, 2nd November, 1943.]

BE it enacted by the King's Most Excellent Majesty, lative Council and Legislative Assembly of New South by and with the advice and consent of the Legis­ Wales in Parliament assembled, and by the authority of
the same, as follows :—
1. (1) This Act may be cited as the "Government Guarantees and Meat Industry (Amendment) Act, .1943."
(2) The Government Guarantees Act, 1934, as amended by subsequent Acts and by this Act, may be cited as the Government Guarantees Act, 1934-1943.
(3) The Meat Industry Act, 1915, as amended by subsequent Acts and by this Act, may be cited as the Meat Industry Act, 1915-1943.

2 . The Government Guarantees Act, 1934-1941, is

amended by inserting next after subsection (5A) of
section three the following new subsection:—

(5B) It shall be lawful for the Colonial Treasurer with the approval of the Governor to execute a guarantee in favour of any bank in respect of the

Meat Industry Commissioner. overdraft account with the bank of The Metropolitan

3 . The Meat Industry Act, 1915-1934, as amended by subsequent Acts, is amended by inserting next after section fourteen the following new section:—

14A. The corporation sole shall have and shall be

deemed always to have had power to obtain advances
by way of overdraft from any bank.

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