War Precautions (Enemy Shareholders) Regulations 1916 (Amendment) (Cth)

STATUTORY RULES.

1917. No. 194.

 

REGULATIONS UNDER THE WAR PRECAUTIONS ACT 1914-1916.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations, under the War Precautions Act 1914-1916, to come into operation forthwith.

Dated this twentieth day of August, One thousand nine hundred and seventeen.

R. M. FERGUSON,

Governor-General.

By His Excellency’s Command,

JOSEPH COOK,

for Minister of State for Defence.

 

Amendment of the War Precautions (Enemy Shareholders) Regulations.

(Statutory Rules 1916, No. 38, as amended by Statutory Rules 1916, Nos. 42, 54, 62 and 325, and Statutory Rules 1917, Nos. 101 and 138.)

1. After Regulation 11b of the War Precautions (Enemy Shareholders) Regulations the following Regulation is inserted:—

Transfer of shares by Public Trustee.

“11c. (1) Where any shares which have been transferred to or vested in the Public Trustee under these Regulations are sold by the Public Trustee, the Public Trustee may execute a transfer of the shares to the purchaser.

“(2) The transfer, which may be in accordance with the form in the Schedule, shall have the effect of transferring to and vesting in the transferee absolutely all the right title and interest of the Public Trustee and of any predecessor in title of the Public Trustee in and to the shares notwithstanding any provisions to the contrary contained in any law of a State and notwithstanding any lien or charge existing on the shares.

(3) Where any shares were transferred to or vested in the Public Trustee subject to any lien or charge the Public Trustee shall hold the proceeds of the sale of the shares subject to such lien or charge.”

2. After Regulation 19 of the War Precautions (Enemy Shareholders) Regulations the following Schedule is added:—

THE SCHEDULE.

Commonwealth of Australia.

The War Precautions Act 1914-1916.

The War Precautions (Enemy Shareholders) Regulations.

Transfer of Shares by Public Trustee.

I, of in the State of Public Trustee for the purposes of the War Precautions (Enemy Shareholders) Regulations, in consideration of the sum of pounds shillings and pence paid to me by (hereinafter called

C.10908.—Price 3d.

 

“the said transferee”) do hereby transfer to the said transferee the share numbered in the undertaking called the to hold unto the said transferee, his executors, administrators and assigns; and I, the said transferee, do hereby agree to take the said share

As witness our hands the day of  One thousand nine hundred and

Signed by the Public Trustee

in the presence of—

Public Trustee.

Occupation

Address

Signed by the Transferee

in the presence of—

Transferee.

Occupation

Address

 

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