STATUTORY RULES.
1950. No. .
REGULATION UNDER THE COMMONWEALTH BANK ACT 1945-1948.*
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 Commonwealth Bank Act 1945-1948.
Dated this nineteenth day of October, 1950.
W. J. McKell
Governor-General.
By His Excellency’s Command,
Treasurer.
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Amendment of the Commonwealth Savings Bank Regulations.†
After regulation 5 of the Commonwealth Savings Bank Regulations the following regulation is inserted :—
Investment of funds.
“ 5a. The Savings Bank may invest any money held by it in a loan the repayment of which is guaranteed by a person authorized to give the guarantee for and on behalf of a State.”.
* Notified in the Commonwealth Gazette on 1950.
† Statutory Rules 1945, No. 129.
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By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.
5126.—Price 3d. 8/10.10.1950.