War Precautions Regulations 1915 (Amendment) (Provisional) (Cth)

STATUTORY RULES.

1916. No. 11.

 

PROVISIONAL REGULATIONS UNDER THE WAR PRECAUTIONS ACT 1914-1915.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby certify that, on account of urgency, the following Regulations under the War Precautions Act 1914-1915 should come into immediate operation, and make the Regulations to come into operation forthwith as Provisional Regulations.

Dated this twenty-sixth day of January, 1916.

R. M. FERGUSON,

Governor-General.

By His Excellency’s Command,

G. F. PEARCE,

Minister of State for Defence.

 

Amendment of the War Precautions Regulations 1915

(S.R. 1915, No. 130).

After Regulation 49 of the War Precautions Regulations the following Headings and Regulations are inserted:—

“Companies, Firms, Societies, Clubs and Associations.

Formation of companies, &c.

“49a. If any person, without the consent in writing of the Treasurer of the Commonwealth, takes any steps for the purpose of the formation of any company or firm, or of any society, club or association having for its object, or one of its objects, the pecuniary profit or gain of its members, he shall be guilty of an offence.

“49b. If—

Increase in capital of companies, &c.

(а) any company or firm, or

(b) any society, club or association formed for the purpose of pecuniary profit or gain,

which is registered in the Commonwealth, or which carries on business or operates in the Commonwealth, though not registered therein, or any person acting for or on behalf of any such company, firm, society, club or association, without the consent in writing of the Treasurer of the Commonwealth, takes any steps for the purpose of increasing the capital of the company, firm, society, club or association, it or he shall be guilty of an offence.

C.1046.—Price 3d.

 

Consent of Treasurer, how obtained.

“49c. (1) Before the consent of the Treasurer is given to the formation of any company, firm, society, club or association, or to the increase in the capital of an existing company, firm, society, club, or association, there shall be supplied to the Treasurer an application in writing setting out the proposal for the formation of, or the reasons for the proposed increase in the capital of, the company, firm, society, club or association, and such further information as the Treasurer requires.

“(2) The Treasurer may, in his absolute discretion, consent to the application, or refuse to consent to it.

“(3) The consent of the Treasurer to any application shall not be made use of by the company, firm, society, club or association, or by any person on its behalf, in furtherance of the objects of the company, firm, society, club or association, and any public notification of the fact of such consent shall include a statement in the following terms:—

‘The fact that the Treasurer of the Commonwealth has consented to (here insert the formation of the company, firm, society, club or association, or the increase in the capital of the company, firm, society, club or association, as the case may be) is not to be taken in any way as a guarantee of the actual or probable financial stability or success of the company, firm, society, club or association.’

Issue of debentures by companies.

“49d. It shall not be lawful for any company or firm, or any society, club or association, having for its object, or one of its objects, the pecuniary profit or gain of its members, without the written consent of the Treasurer, to raise capital by means of the issue of shares, debentures or bonds, or in any other manner.

“Price of Sugar.

Price of sugar.

“49e. Any person who, without the consent in writing of the Treasurer, sells, or offers for sale, any sugar at a greater price than three pence halfpenny per pound, plus such sum as represents the cost incurred by him in respect of the delivery of the sugar to him, shall be guilty of an offence.”

 

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