STATUTORY RULES
1970 No.
REGULATION UNDER THE BANKING ACT 1959-1967.*
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 Banking Act 1959-1967.
Dated this twenty-ninth day of October, 1970.
Paul Hasluck
Governor-General.
By His Excellency’s Command,
Treasurer
Amendments of the Banking (Savings Banks) Regulations†
Investment of the funds of Savings Banks.
Regulation 5 of the Banking (Savings Banks) Regulations is amended—
(a) by omitting from paragraph (h) of sub-regulation (2.) the word “and”;
(b) by adding at the end of that sub-regulation the following word and paragraph:—
“; and (j) loans to the company incorporated under the law of the State of New South Wales under the name ‘Australian Banks’ Export Re-Finance Corporation Limited’.”;
(c) by omitting from sub-regulation (3.) the word “sixty-five” and inserting in its stead the word “sixty”; and
(d) by omitting from sub-regulation (3a.) the word “thirty-five” and inserting in its stead the word “forty”.
* Notified in the Commonwealth Gazette on 1970.
† Statutory Rules 1960, No. 6, as amended by Statutory Rules 1962, No. 58; 1963, No. 80; and 1966, No. 69.
Printed by Authority by the Government Printer of the Commonwealth of Australia
23843/70—Price 5c 10/16.10.1970