War Precautions (Companies) Regulations 1916 (Amendment) (Cth)

STATUTORY RULES.

1916. No. 137.

REGULATION UNDER THE WAR PRECAUTIONS ACT 1914-1916.

I, SIR ARTHUR STANLEY, Governor of the State of Victoria and its Dependencies, in the Commonwealth of Australia, acting as the Deputy of the Governor-General in accordance with the provisions of the Constitution, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the War Precautions Act 1914-1916 to come into operation forthwith.

Dated this eighth day of July, 1916.

A. L. STANLEY,

Deputy of the Governor-General.

By His Excellency’s Command,

G. F. PEARCE,

Minister of State for Defence.

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War Precautions (Companies) Regulations 1916.

(Statutory Rules 1916 No. 49.)

The War Precautions (Companies) Regulations are amended by adding at the end of Regulation 5 thereof the following proviso:—

“Provided that nothing in this Regulation shall be construed to prevent or affect or to have prevented or affected any transactions in respect of advances, in the ordinary course of business, by any bank on such securities as the bank usually requires, or to apply or have applied in any way to the transaction of any ordinary banking business unless the company, firm, society, club, or association receiving or having received the advance gives debentures or debenture bonds for periods of twelve months or longer.”

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Printed and Published for the Government of the Commonwealth of Australia by Albert J. Mullett, Government Printer for the State of Victoria.

C.8205.—Price 3d.