War Gratuity Regulations (Amendment) (Cth)

STATUTORY RULES.

1922. No. 87.

 

REGULATIONS UNDER THE WAR GRATUITY ACTS 1920.

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 War Gratuity Acts 1920, to come into operation forthwith.

Dated this 15th day of June 1922.

(Signed) FORSTER

Governor-General.

By His Excellency’s Command,

S. M. BRUCE.

Treasurer.

 

Amendment of War Gratuity Regulations.

(Statutory Rules 1920, No. 85, as amended to this date.)

After regulation 17 of the War Gratuity Regulations the following regulation is inserted:—

Bonds alienable in cases ofdebt or insolvency.

“18.—(1.) Where any person to whom a war gratuity bond in Form 6 of the Schedule to those Regulations has been issued under the Act or these Regulations becomes a bankrupt or insolvent, or where an execution order is issued against the property of such person in respect of debts owing by him, the interest of that person in the bond shall be alienable in favour of the official, receiver or trustee in bankruptcy or insolvency or the execution creditor as the case may be, and the bond may be taken by such receiver, trustee or creditor in satisfaction, in whole or in part, of the debts owing by the debtor.

“(2.) Any person taking a bond in pursuance of this regulation, shall deal with the bond in such manner as the Secretary to the Treasury directs.”.

      

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