Interest Reduction (Amendment) Act 1955 (NSW)

INTEREST REDUCTION (AMENDMENT) ACT.

An Act to repeal Part IV of the Interest Reduction Act, 1931, and the Interest Reduction Amendment (Preference Shares) Act, 1932; and for purposes connected therewith. [Assented to, 2nd December, 1955.] BE

Act No. 45, 1955.

lative Council and Legislative Assembly of New South	BE it enacted by the Queen's Most Excellent Majesty, 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 "Interest

Eeduction (Amendment) Act, 1955."

(2) The Interest Eeduction Act, 1931, as amended by subsequent Acts and by this Act, may be cited as the Interest Eeduction Act, 1931-1955.

2 . (1) The Interest Eeduction Act, 1931, as amended

by subsequent Acts, is amended—

(a) by omitting from subsection three of section one the matter relating to Par t IV;

(b) by omitting Par t IV.

(2) The Interest Eeduction Amendment (Prefer-

ence Shares) Act, 1932, is repealed.