Supreme Court Library Fund (Investment) (Amendment) Rules 1996 (Vic)

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Supreme Court Library Fund (Investment)

(Amendment) Rules 1996

S.R. No. 58/1996

TABLE OF PROVISIONS

Regulation Page
1. Object 1
2. Authorising provisions 1
3. Principal Rules 1
4. Amendment of Rule 7 1
5. Amendment of Rule 8 1
6. Substitution of Rule 9 2
9. Investments 2
7. Revocation of Rule 10 2
8. Revocation of Rule 13 2

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NOTES 4

i

STATUTORY RULES 1996

S.R. No. 58/1996

Supreme Court Act 1986

Supreme Court Library Fund (Investment)

(Amendment) Rules 1996

The Judges of the Supreme Court make the following Rules:

1. Object

The object of these Rules is to make miscellaneous amendments to the Principal Rules.

2. Authorising provisions

These Rules are made under section 25 of the powers.

3. Principal Rules

In these Rules, the Supreme Court Library Fund (Investment) Rules 19921 are called the Principal Rules.

4. Amendment of Rule 7

Rule 7(3) of the Principal Rules is revoked.

5. Amendment of Rule 8

In Rule 8(3) of the Principal Rules—

(a)

for "sharebroker of at least ten years' standing who is a member of the Australian Stock Exchange" substitute "member of the Australian Stock Exchange of at least ten years' standing";

Supreme Court Library Fund (Investment) (Amendment) Rules
1996

r. 6 S.R. No. 58/1996

(b)

in sub-paragraph (a) omit "having regard to the principles set out in paragraph (2)"; and

(c)

for sub-paragraph (b) substitute— "(b) to review—

(i)

performance (individually and as

at least once in each year, the the Investment Fund is invested; and

(ii)

the investments made by the occasion requires—

and in each case to recommend any

desirable changes.".

6. Substitution of Rule 9

For Rule 9 of the Principal Rules substitute—
"9. Investments

The Investment Fund shall be invested in securities in accordance with the provisions of the law of the State of Victoria relating to the investment of trust funds."

7. Revocation of Rule 10

Rule 10 of the Principal Rules is revoked.

8. Revocation of Rule 13

Rule 13 of the Principal Rules is revoked.

Dated: 27 June 1996

J. H. PHILLIPS, C.J.
ROBERT BROOKING, J.A.
K. M. HAYNE, J.A.
STEPHEN CHARLES, J.A.

Supreme Court Library Fund (Investment) (Amendment) Rules
1996

S.R. No. 58/1996 r. 6

F. H. CALLAWAY, J.A.
H. NATHAN, J.
F. H. R. VINCENT, J.
BERNARD G. TEAGUE, J.
P. D. CUMMINS, J.
ALLAN W. McDONALD, J.
T. H. SMITH, J.
JOHN J. HEDIGAN, J.
DAVID BYRNE, J.
D. L. HARPER, J.
G. M. EAMES, J.
H. R. HANSEN, J.
PHILIP MANDIE, J.

ROSEMARY BALMFORD, J.

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Supreme Court Library Fund (Investment) (Amendment) Rules
1996

S.R. No. 58/1996

NOTES

1 S.R. No. 212/1992 as amended by S.R. No. 24/1995.

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