SUGAR PURCHASE (No. 2).
No. 52 of 1920.
An Act to amend the Sugar Purchase Act 1915-1920.
[Assented to 2nd December, 1920.]
BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
Short title and citation.
1.—(1.) This Act may be cited as the Sugar Purchase Art (No. 2) 1920.
(2.) The Sugar Purchase Act 1915-1917 as amended by the Sugar Purchase Act 1920 (No. 11 of 1920) is in this Act referred to as the Principal Act.
(3.) Sub-section (3.) of section one of the Sugar Purchase Act 1920 (No. 11 of 1920) is repealed.
(4.) The Principal Act as amended by this Act may be cited as the Sugar Purchase Act 1915-1920.
Removal of limit of amount of overdraft.
2. Section two of the Principal Act is amended by omitting from sub-section (1.) the words “but so that the indebtedness of the Commonwealth to the Commonwealth Bank under this Act shall not at any time exceed £1,000.000”.