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

STATUTORY RULES.

1946. No. 14.

________

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 seventeenth day of January, 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.

After regulation seven of the Re-establishment and Employment Regulations the following regulation is inserted:—

Arrangements with Commonwealth Bank, States, State authorities and State Savings Banks.

“8. Section ninety-eight of the Principal Act is amended—

(a)by inserting in sub-section (1.), after the word ‘Australia,’ (first occurring), the words ‘with a State,’;

(b) by inserting in that sub-section, after the word ‘Australia,’ (second occurring), the words ‘by the State’; and

(c) by inserting after that sub-section the following sub-section:—

‘(1a.) Where any Bank, State or authority which has entered into any agreement under the last preceding sub-section makes any loan, to, or gives any guarantee with respect to a loan made to, an eligible person, in accordance with that agreement, the Bank, State or authority, as the case may be, may take any security in respect of the loan or guarantee in its own name.’”.

* Notified in the Commonwealth Gazette on 21st January, 1946.

  Statutory Rules 1945, No. 181.

_______________________

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

7246.—Price 3d.