National Security (Capital Issues) Regulations (Amendment) (Cth)

STATUTORY RULES.

1942. No. 196.

 

REGULATIONS UNDER THE NATIONAL SECURITY ACT 1939–1940.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the National Security Act 1939–1940.

Dated this Twenty-seventh.

day of April, 1942.

(SGD.) GOWRIE

Governor-General.

By His Excellency’s Command,

for and on behalf of the Minister of

State for Defence.

 

Amendments of the National Security (Capital Issues)

Regulations. 

Loans totalling less than £1,000 in any period of twelve months not affected.

1. Regulation 15 of the National Security (Capital Issues) Regulations is amended by omitting the words “five hundred” (wherever occurring).

2. After regulation 24 of the National Security (Capital Issues) Regulations the following regulation is inserted:—

Limitation of interest on deposits made with declared pastoral companies.

“24aa. Notwithstanding the provisions of regulations 21 and 23 of these Regulations, a declared pastoral company shall not, without the consent in writing of the Treasurer, pay interest, at a rate exceeding One pound per centum per annum, in respect of any period commencing on or after the twentieth day of April, 1942, on any deposit made (whether before or after that date) with that company by a person other than a bank”.

 

* Notified in the Commonwealth Gazette on  April, 1942.

  Statutory Rules 1940, No. 218, as amended by Statutory Rules 1940, Nos. 242 and 291; 1941; Nos. 150 and 304; and 1942, Nos. 23 and 126.

 

By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.

2797.—Price 3d. 20/16.4.1942.