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

STATUTORY RULES.

1942 No. 126.

REGULATION 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 Regulation under the National Security Act 1939-1940.

Dated this thirteenth day of March, 1942.

(SGD.) GOWRIE.

Governor-General.

By His Excellency’s Command.

for and on behalf of the Minister of State for Defence Co-ordination.

 

AMENDMENT OF THE NATIONAL SECURITY (CAPITAL ISSUES) REGULATION. 

Limitation of interest on deposits with bodies other than banks, building societies, declared pastoral companies and partnerships.

Regulation 20 of the National Security (Capital Issues) Regulations is amended-

(a) by omitting from paragraph (a) the word “or” (last occurring);

(b) by inserting in paragraph (b), after the figures “1940”, the words “but not after the twelfth day of March, 1942”; and

(c) by adding at the end thereof the following paragraph:-

“; or (c) on any deposit made after the twelfth day of March, 1942, with that body, by a person other than a bank - at a rate higher than one pound five shillings per centum per annum”.

 

* Notified in the Commonwealth Gazette on , 1942.

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