Re-establishment and Employment Regulations (Amendment) (Cth)

STATUTORY RULES

1946. No. 177.

 

REGULATION 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 Regulation under the Re-establishment and Employment Act 1945.

Dated this fourth day of December, 1946.

HENRY

Governor-General.

By His Royal Highness’s Command,

JOHN J. DEDMAN

Minister of State for Post-war Reconstruction.

 

Amendment of The Re-establishment and Employment Regulations. 

Regulation 11 of the Re-establishment and Employment Regulations is repealed and the following regulation inserted in its stead:—

Amount of loans, &c.

“11. Section ninety-three of the Principal Act is amended by adding at the end thereof the following sub-sections:—

‘(3.) Where two or more eligible persons have agreed to carry on an enterprise jointly, the provisions of sub-section (2.) of this section shall not apply in relation to any loans made, or in respect of which guarantees are given, under this Division to each of those persons who, in the opinion of a prescribed authority, devotes or intends to devote the whole of his time to active participation in that enterprise.

‘(4.) Where, prior to the commencement of this sub-section, a prescribed authority has purported to make a loan, or to give a guarantee in respect of a loan, in pursuance of this Division, and the loan could have been validity made, or the guarantee validly given, if the last preceding sub-section had been in force when the loan was made or the guarantee given, the provisions of this Division shall apply in relation to that loan or guarantee.

‘(5.) Where, prior to the commencement of this sub-section, the prescribed authority has purported to make a loan, or to give a guarantee in respect of a loan, in pursuance of this Division, for the purpose of enabling an eligible person to engage in or resume an occupation, business or practice which was not, at the time when the loan was made or the guarantee given, a prescribed occupation, business or practice, but is subsequently so prescribed, the provisions of this Division shall apply in relation to that loan or guarantee.’”.

* Notified in the Commonwealth Gazette on 5th December, 1946.

  Statutory Rules 1945, No. 151, as amended by Statutory Rules 1946, Nos. 14, 57, 80 and 130.

 

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

7690.—Price 3d.