Housing Loans Insurance Regulations (Amendment) (Cth)

Statutory Rules

1975 No. 42

REGULATION UNDER THE HOUSING LOANS INSURANCE ACT 1965-1973.*

I, THE ADMINISTRATOR of the Government of Australia, acting with the advice of the Executive Council, hereby make the following Regulation under the Housing Loans Insurance Act 1965-1973.

Dated this thirteenth day of March, 1975.

A. R. CUTLER

Administrator.

By His Excellency’s Command,

JOHN M. WHEELDON

Minister of State for Repatriation and Compensation.

_________

Amendment of the Housing Loans Insurance Regulations 

Approved security.

Regulation 5 of the Housing Loans Insurance Regulations is amended by omitting sub-regulation (1) and substituting the following sub-regulation:—

“ (1) For the purposes of the definition of ‘approved security’ in sub-section 4 (1) of the Act, each of the classes of insurable loans specified in the second column of the First Schedule is specified in respect of a second mortgage.”.

* Notified in the Australian Government Gazette on 26 March 1975.

  Statutory Rules 1966, No. 74, as amended by Statutory Rules 1967, No. 8; 1968, No. 19; and 1974, No. 41