Statute Law (Miscellaneous Provisions) Act (No 2) 1991 Proclamation re commencement (1992-33) [GG No 12 of 24.1.1992] (NSW)

1992—No. 33

STATUTE LAW (MISCELLANEOUS PROVISIONS) ACT

(No. 2) 1991 No. 94—PROCLAMATION

NEW SOUTH WALES

[Published in Gazette No. 12 of 24 January 1992]

(L.S.) P. R. SINCLAIR, Governor.

I, Rear Admiral PETER ROSS SINCLAIR, Governor of the State of New South Wales, with the advice of the Executive Council, and in pursuance of Schedule 1 to the Statute Law (Miscellaneous Provisions) Act (No. 2) 1991, do, by this my Proclamation, appoint 24 January 1992 as the day on which the amendment to the Trustee Companies Act 1964 set out in that Schedule commences.

Signed and sealed at Sydney, this 22nd day of January 1992.

By His Excellency’s Command,

PETER COLLINS

Attorney General.

GOD SAVE THE QUEEN!

EXPLANATORY NOTE

The object of this Proclamation is to commence the amendment to the Trustee Companies Act 1964 contained in the Statute Law (Miscellaneous Provisions) Act

(No. 2) 1991 which provides that:

• a trustee company that operates common trust funds can value each fund at

any time, provided that at least one valuation is made each month, and

• investments in and withdrawals from a common trust fund are effected on

the basis of the last valuation made.