Re-establishment and Employment (Allowances and Loans--Agricultural Occupations) Regulations (Amendment) (Cth)

STATUTORY RULES.

1946. No. 5.

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REGULATIONS UNDER THE RE-ESTABLISHMENT AND EMPLOYMENT ACT 1945.*

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 Re-establishment and Employment Act 1945.

Dated this eleventh day of January, 1946.

HENRY

Governor-General.

By His Royal Highness’s Command,

J. B. CHIFLEY

for Minister of State for Post-war Reconstruction.

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Amendments of the Re-establishment and Employment

(Allowances and Loans—Agricultural Occupations) Regulations. 

1.After regulation 1 of the Re-establishment and Employment (Allowances and Loans—Agricultural Occupations) Regulations the following regulation is inserted:—

Definition.

“1a. In these Regulations, ‘the Act’ means the Re-establishment and Employment Act 1945, as amended for the time being, whether by any Act or by regulations made under the Re-establishment and Employment Act 1945.”.

2.The Re-establishment and Employment (Allowances and Loans-Agricultural Occupations) Regulations are amended by adding at the end thereof the following regulation:—

Interest on loans.

“4. The rate of interest which any loan made under Division 3 of Part VI. of the Act to any person in respect of an agricultural occupation shall bear shall be—

(a) upon so much of the aggregate sum of all such loans, of any other loans under the Act and of any loans under the Australian Soldiers’ Repatriation Regulations to that person as exceeds Fifty pounds but does not exceed Two hundred and fifty pounds—Two pounds per centum per annum; and

(b) upon so much of such aggregate sum as exceeds Two hundred and fifty pounds—Three and three-quarter pounds per centum per annum.”.

 

* Notified in the Commonwealth Gazette on 17th January, 1946.

  Statutory Rules 1945, No. 182.

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

7446.—Price 3d.