Postponement of Debts Act 1914 (NSW)

Postponement of De'^ts Act.

POS'l'J’ONEMENI’ OF DEBTS ACT.

Act No. 16, 1914.

An Act to ])rovi(lo for tlu' postponement of tlu ‘ George v,

]);ivnient of c(‘rt:iin delits.	[Assented to , 25th
August, 1914.]

‘V A rJ l H IMLVS it is (‘V])t‘(li(‘iit, ill view of the present

V T state' of Avar, lo make provision by Avliich tlie

payme'ut of certain delits may be postponed : Be it therefore enacted by the K ing’s iNlost Ikvccllent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of Kcav South AVales in Barliairn'iit assembled, and by the authority of the sanu', as follows :—■

1 . 'J'bis Act may b('cited as the “ Bostponement of siio-t. tiiie.

Debts Act, lO lL ”

2 . (1) The Clov('ruor may, from time to time, by i'o,,q>(me-

proclamation in llie ( ia/.ette, declan' that ]>ayment of all debts tlien dm' or accruing due witldn the period mentioiu'd in sneh proclamation, of tlu' classes specilb'd in the jiroclamation, or a sjiecilied pro[)ortion of any such debts, may, sul)j('(‘t to such conditions and exceptions as may be contained in such proclamation, be jAostpom'd to a dat(' oi' for a period lo be therein S])ccili('d :

Provided that Avlu're interest Avas chargeable in re.spect of any such d('bt, sncli interest shall coutiniu' lo run and be so chargeable', but shall not be payable durimi' such postpoiu'im'nt.

(2) Any such proclamation shall have the force of

laAv.

3 . This Act shall eontinm' in force until a period of Duration of

six months after tlu' dt'claration of ])eace in the present bostilitit's betAveen Ifis Mtijesty and .llis Majesty’s enemies.

GOVERKME.XT