National Security (Patriotic Funds) Regulations (Amendment) (Cth)

STATUTORY RULES.

1943. No. 160.

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 twelfth day of June, 1943.

GOWRIE

Governor-General.

By His Excellency’s Command,

C. W. FROST

for and on behalf of the Minister of State for Defence.

——

Amendments of the National Security (Patriotic Funds) Regulations.

1. After regulation 1 of the National Security (Patriotic Funds) Regulations, the following regulation is inserted:—

Administration.

“1a. These Regulations shall be administered by the Minister of State for Repatriation.”.

Power to wind up funds when no longer required.

2. Regulation 12 of the National Security (Patriotic Funds) Regulations is amended by omitting the words “Governor-General that the assets remaining in any fund are no longer required for the purposes for which the fund was established, he” and inserting in their stead the words “Commission that it is desirable to wind up the affairs of any fund, the Commission”.

Banks to supply information as to certain accounts.

3. Regulation 20 of the National Security (Patriotic Funds) Regulations is amended—

(a) by omitting the word “Whenever” and inserting in its stead the words “—(1.) Subject to the next succeeding sub-regulation, whenever”; and

* Notified in the Commonwealth Gazette on 19th June, 1943.

  Statutory Rules 1940, No. 131, as amended by Statutory Rules 1941, No. 176.

2808.—Price 3d.

(b) by adding at the end thereof the following sub-regulation:—

“(2.) Where the Commission is satisfied that adequate measures are being taken by a bank to prevent the opening of accounts in respect of patriotic funds—

(a)which have been established without approval under regulation 7 of these Regulations; or

(b) by persons who are not lawfully authorized to open the accounts,

the Commission may give notice in writing to the bank that it shall not be necessary for the bank to notify the fact that an account has been opened with the bank under a name indicating that the account is in respect of a patriotic fund and, so long as the notice continues in force, it shall not be necessary for the bank to notify that fact accordingly.”.

 

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