National Security (Supplementary) Regulations (Amendment) (Cth)

STATUTORY RULES.

1943. No. 103.

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 twenty-eighth day of April, 1943.

(SGD.) GOWRIE

Governor-General.

By His Excellency’s Command,

 

H. P. LAZZARANI

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

 

Amendment of the National Security (Supplementary) Regulations.

The National Security (Supplementary) Regulations are amended by adding at the end thereof the following regulation:—

Advanced subscriptions by trustees to Commonwealth loans.

“96.—(1.) Any person who is authorized to invest money upon any security of the Government of the Commonwealth may, at any time when a Commonwealth loan is not open to public subscription, pay money to the Commonwealth for investment in the next Commonwealth loan which is open to public subscription, and the interest (if any) payable in respect of any money so paid shall be applied as income.

(2.) Where, prior to the commencement of this regulation, any person so authorized, at any time when a Commonwealth loan was not open to public subscription, paid money to the Commonwealth for investment in the next Commonwealth loan open to public subscription after the payment was made—

(a) that payment shall be deemed to have been lawfully made;

(b) no action or proceeding for breach of trust shall be brought or maintainable in respect of that payment; and

(c) the interest (if any) paid or payable in respect of any money so paid shall be applied as income.”.

 

* Notified in theCommonwealth Gazette on, 1943.

  Statutory Rules 1940, No. 126, as amended by Statutory Rules 1940, Nos. 151, 169, 213, 228, 233, 234, 245 and 257; 1941, Nos. 75, 88, 100, 140, 197, 200, 222, 249, 296, 297, 303, 314, 318, 320 and 323; 1942, Nos. 16, 20, 21, 36, 40, 50, 57, 62, 63, 72, 78, 90, 111, 125, 132, 147, 150, 153, 154, 157, 161, 172, 175, 185, 188, 189, 197, 201, 213, 219, 230, 233, 239, 242, 246, 265, 269, 271, 278, 280, 282, 295, 353, 361, 370, 376, 378, 391, 392, 394, 396, 404, 407, 408, 411, 420, 422, 429, 431, 436, 438, 443, 449, 468, 469, 474, 484, 493, 495, 500, 501, 515, 517, 524, 536; and 1943, Nos. 2, 7, 13, 30, 35, 37, 45 and 48.

 

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

1413.—Price