Government Inscribed Stock Act of 1920 (11 Geo v No. 10) (Qld)

LIQUOR.~LOANS. 11 GEO. V. No. 2, 1920. Liquor Act Amendment Act, No. 2. 9569 LIQUOR. An Act to Amend "The LiquorAct .Amendment llN~~ o2. V Act of 1920" in a certain partIcular. THE LIQUOR ACT [ASSENTED TO 26TH AUGUST, 1920.] ! ~ : ~ ~ ~ ~ ~ ; , No. 2. B E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Council and Legislative Assem.bly of Queensland in Parliament assembled, and by the authority of the same, as follows :-. 1. This Act may be cited as "The LiquorAct Short title.. Amendment Act of 1920, No. 2." 2. Paragraph (b) of subsection two of section eight Amen~ e~ of *" The Liquor Act Amendment Act of 1920" is hereby ~o~016. o. . repealed. . LOANS. An Act to Authorise and Regulate the Creation 11 Geo. V. No. 10. and Issue of Inscribed Stock within the State, THE and for purposes consequent thereon. GOVERN- MENT INSCRIBED [ASSENTED TO 4'rH JANUARY, 1921.] STOCK ACT OF 1920. B E it enacted by the King's Most Excellent l\lajesty, by and with the advice and consent of the Legis- lative Council and Legislative Assembly of ~ ueensland in Parliament assembled, and by tbe authoritv of the same, as follows :- . ~ 1. This Act may be cited as "The Government Short title. Inscribed Stock Act of 1920." 2. (1.) Where, by any Act whenever passed, power ~ oans by the I . S gI.ven t 0 the Governor I.n CounCl ' 1 to ra ' Ise any sums 0 f GIsosuveer o n f ment money by way of loan, the Governor in Council may Inscribed raise the whole or any portion of such sums by the issue Stock. of stock in Queensland. (2.) Stock so issued in Queensland shall be styled "Government Inscribed Stock." * 10 Geo. V. No. 16, supra, page 9207.

9570 LOANS. GovernmentInscribedStockAct. 11 GEO. V. No. 10, 1920. Conversion 3. The Governor in Council may declare any deben- odfebentures, tures or any other form of Government stock or securities, &c. wherever payable, issued under the authority of any Act, into stock. whenever passed, to be convertible into Government Inscribed Stock. For the purpose of such conversion the Governor in Council may, on such terms and conditions as he may determine and appoint, authorise the creation and issue of an amount of Government Inscribed Stock equivalent to the amount of the debentures or other form of Government stock or securities aforesaid. Exchange of 4. Government Inscribed Stock may, on such terms B & de c to . becknftuorres ma , n . mde caonn d ditaiopnps ' omast, tbhee eGxcohvaenrngoerd i f norCaonuyncoilthmeray f odrmete 0 r- f Government stock or securities. Agre ments. 5. The Governor in Council is hereby empowere~ from time to time to enter into any agreement with any bank having for its object the carrying into effect of any of the provisions of this Act. . Power to 6. Government Inscribed Stock sold or issued is otrtuhsetresestoand hereby declared to be for all purposes a Government invest in security; and all persons may invest in the purchase of Btock. such stock any property held by them, whether as trustees or otherwise, which they are not expressly forbidden to invest in Government stock or securities, without on that account being liable for a breach of trust and without incurring any liability whatsoever, provided that such' investment is in other respects reasonable and proper. Regulations. 7. The Governor in Council may from time to time make regulations for- (a) The inscription and issue of Government In- scribed Stock; (b) Effecting the conversion of debentures, or any other form of Government stock or securities, into Government Inscribed Stock; (c) Regulating the exchange of Government In- scribed -Stock for any other form of Govern- ment stock or securities; (d) Regulating transfers of Government Inscribed Stock; . (e) Pa.ying interest on Government Inscribed Stock;

LOANS.-LOCAL AUTHORITIES. 9571 11 GEO. V. No. 11,1920. Local Authorities Acts Amendment Act. (f) Issuing stock certificates and, as often as' occasion requires, reinscribing stock and re- issuing such certificates; _ (g) Omducting generally all business connected with such stock. All such regulations, on being published in the Gazette, shall be valid in law. 8. The Treasurer shall, within thirty days after the .Matters to be first meeting of Parliament in any year, lay before both f? P~ rted to Houses of Parliament a report showing, with respect to ar ament. the financial year then last past, full particulars of every creation and inscription of Government Inscribed Stock and the terms and conditions thereof, together with copies of all agreements with any bank and all regulations made under the authority of this· Act. 9. Nothing in this Act, and nothing done under Saving this Act shall- cla.use. (a) Authorise an increase in the authorised amount of any loan; or (b) Except by agreement abridge or in any way affect the rights or remedies which any person would have had against the Consolidated Revenue Fund or otherwise if this Act had not been passed. LOCAL AUTHORITIES. An Act to Amend "The Local Authorities Acts, 11 Geo. V. No.H. 1902-1917," in certain plJ,rticulars. THE LOCAL [ASSENTED TO 4TH JANUARY, 1921.J AUTHORITIES ACTS B E it enacted by the King's Most Excellent Majesty, AMENDMENT b yan d W 'tl Ilt 1le a d V ' Ice and consent 0 f tlle L egl.s- ACT OF 1920 . lative Council and Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows : - 1. This Act may be cited as " The Local Authorities Short title Acts Amendment Act of 1920," and shall be read as one and t t' with *"The Local Authorities Acts, 1902-1917," herein~ ~ n: c~c lon collectively referred to as the Principal Act. * 2 Edw. VII. No. 19 and amending Acts, supra, pages 1860 et 86Q., 5653, 5918, 8304,.