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

STATUTORY RULES.

1940. No. 291.

 

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 thirteenth day of December, 1940.

GOWRIE

Governor-General.

By His Excellency Command,

A. FADDEN

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

 

Amendments of the National Security (Capital Issues) Regulations. 

Formation of companies.

1. Regulation 6 of the National Security (Capital Issues) Regulations is amended by omitting from sub-regulation (1.) the words “, which is proposed to be registered with a nominal capital exceeding Two thousand five hundred pounds”.

Increase in capital of companies.

2. Regulation 7 of the National Security(Capital Issues) Regulations is amended—

(a) by omitting sub-paragraphs (i) and (ii) of paragraph (a) of sub-regulation (1.);

(b) by omitting from paragraph (b) ofsub-regulation (1.) all the words from and including the words “of such an amount”;

(c) by omitting from paragraph (c) of sub-regulation (1.) all the words from and including the words “so that the total amount”; and

 

* Notified in the Commonwealth Gazette on 18th December, 1940.

  Statutory Rules 1940, No. 218, as amended by Statutory Rules 1940, No. 242.

7768.—Price 3d.

(d) by adding at the end of sub-regulation (1.) the following words:—

“; or (e) receive any payment on account of the authorized capital of the company, unless the payment is on account of authorized capital issued with the consent of the Treasurer under these Regulations or the previous Regulations or is in respect of calls made with the consent of the Treasurer under these Regulations or the previous Regulations.”.

 

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