Statutory Rules
1975 No. 42
REGULATION UNDER THE HOUSING LOANS INSURANCE ACT 1965-1973.*
I, THE ADMINISTRATOR of the Government of Australia, acting with the advice of the Executive Council, hereby make the following Regulation under the Housing Loans Insurance Act 1965-1973.
Dated this thirteenth day of March, 1975.
A. R. CUTLER
Administrator.
By His Excellency’s Command,
JOHN M. WHEELDON
Minister of State for Repatriation and Compensation.
_________
Amendment of the Housing Loans Insurance Regulations†
Approved security.
Regulation 5 of the Housing Loans Insurance Regulations is amended by omitting sub-regulation (1) and substituting the following sub-regulation:—
“ (1) For the purposes of the definition of ‘approved security’ in sub-section 4 (1) of the Act, each of the classes of insurable loans specified in the second column of the First Schedule is specified in respect of a second mortgage.”.
* Notified in the Australian Government Gazette on 26 March 1975.
† Statutory Rules 1966, No. 74, as amended by Statutory Rules 1967, No. 8; 1968, No. 19; and 1974, No. 41