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

STATUTORY RULES.

1918. No. 275.

 

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 Regulation, under the War Precautions Act 1914-1916, to come into operation forthwith.

Dated this ninth day of October, 1918.

R. M. FERGUSON,

Governor-General.

By His Excellency’s Command,

G. F. PEARCE,

Minister of State for Defence.

 

Amendment of War Precautions (Supplementary) Regulations as Amended to this Date.

After regulation 51 of the War Precautions (Supplementary) Regulations the following regulation is inserted:—

Investments by municipalities and other bodies in War Loans.

“52. Notwithstanding anything contained in any law of the Commonwealth or a State any Municipality, Harbor Trust or Board, or Marine Board or local governing body may—

(a) invest in any Commonwealth War Loan any of its funds orany moneys raised by it by way of loan;

(b) borrow by way of bank overdraft or otherwise money for investment in any Commonwealth War Loan; and

(c) sell any stock or bonds of any Commonwealth War Loan.”

       

Printed and Published for the Government of the Commonwealth of Australia by H. J. Green, Acting Government Printer for the State of Victoria.