Public Trustee Enabling Regulations (Cth)

STATUTORY RULES

1921. No 10.

REGULATIONS UNDER THE TRADING WITH THE ENEMY ACT 1914-1916, THE TREATY OF PEACE (GERMANY) ACT 1919-1920 AND THE TREATIES OF PEACE (AUSTRIA AND BULGARIA) ACT 1920.

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 Trading with the Enemy Act 1914-1916, the Treaty of Peace (Germany) Act 1919-1920 and the Treaties of Peace (Austria and Bulgaria) Act 1920, to come into operation forthwith.

Dated this twelfth day of January, 1921.

FORSTER,

Governor-General.

By His Excellency’s Command,

W. MASSY GREENE,

Minister of State for Trade and Customs.

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Public Trustee Enabling Regulations.

Short title.

1.These Regulations may be cited as the Public Trustee Enabling Regulations.

Definition.

2. In these Regulations, unless the contrary intention appears—

“The Minister” means the Minister of State for Trade and Customs.

Powers of Public Trustee.

3. The Public Trustee may, when so authorized in writing by the Minister—

(a) advance to any person out of moneys vested in him in pursuance of the Trading with the Enemy Act 1914-1916, the Treaty of Peace (Germany) Act 1919-1920 or the Treaties of Peace (Austria and Bulgaria) Act 1920, such sums on such terms and conditions, and for such purposes as the Minister directs;

(b) make such investments of moneys so vested in him as the Minister directs; and

(c) borrow money for such purposes and upon such terms and conditions as the Minister directs.

    

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