New South Wales Government Engineering and Shipbuilding Undertaking (Amendment) Act 1957 (NSW)

NEW SOUTH WALES GOVERNMENT ENGINEERING AND SHIPBUILDING UNDERTAKING (AMEND­ MENT) ACT.

Act No. 45, 1957.

An Act to extend tlie class of securities in wliicdi Elizabeth ii,

moneys in the Depreciation Reserve Account established by the New South Wales Govern­ ment Engineering and Shipbuilding Under­ taking Act, 1943, may be invested; for this purpose to amend th a t Act; to validate certain m atte rs; and for purposes connected therewith. [Assented to, 28th November,

1957.] ' BE

372                 Public Instruction (Amendment) Act.

No. 45, 1957. O E it enacted by the Queen’s Most Excellent Majesty,

by and with the advice and consent of the Legis­ lative Council and Legislative Assembly of iSfevv̂ South Wales in Parliament assembled, and by the authority of the same, as follows :—

B iior t t i t ie	1. (1) This Act may be cited as the “ New South taking (Amendment) Act, 1957’’.
and citation.	Government Engineering and Shipbuilding Under­ (2) The New South "Wales Government Engineering and Shipbuilding Undertaking Act, 1943, as amended by this Act, may be cited as the New South Wales Govern­ ment Engineering and Shipbuilding Uttdertaking Act, 1943-1957.
of Act No.

Amendment 2 . (1) The New South Wales Government Engineer­

19, 1943,

ing and Shipbuilding Undertaking Act, 1943, is amended

sec. 9.

by omitting from subsection four of section nine the

(Dcri'ocia-

tion Bescrve

words “ Commonwealth Government securities’’ and by

Account.)

inserting in lieu thereof the words “ Government securi­ ties of the Commonwealth of Australia or of the State of New South Wales, or in any securities guaranteed by the Government of the said State’’.

(2) The amendment made by subsection one of this

section shall be deemed to have commenced on the first

day of January, one thousand nine hundred and fifty-six.