War Precautions (Enemy Shareholders) Regulations 1916 (Amendment)

Legislation au C1917L00101 Regulations Not in force Legislative Instrument

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STATUTORY RULES.

1917. No. 101.

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REGULATION 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 first day of May, 1917.

R. M. FERGUSON,

Governor-General.

By His Excellency’s Command,

G. F. PEARCE,

Minister of State for Defence.

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Amendment of the War Precautions (Enemy Shareholders) Regulations.

(Statutory Rules 1916, No. 38, as amended by Statutory Rules 1916, Nos. 42, 54, 62, and 325.)

Regulation 10 of the War Precautions (Enemy Shareholders) Regulations is amended by adding at the end thereof the words “but nothing in this Regulation shall affect the right of the public trustee to sell the shares.”

Regulation 11 of the “War Precautions (Enemy Shareholders) Regulations is amended by inserting, after sub-regulation (2) thereof, the following sub-regulation:—

(2a) Where a direction for the sale of any shares has in pursuance of the last preceding sub-regulations been given by the Attorney-General, any public auction of the shares may be conducted by a person licensed as an auctioneer under the law of the State in which the sale takes place or by a member of any Stock Exchange established in that State notwithstanding that the member is not licensed as aforesaid under the law of the State.”

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Printed and Published for the Government of the Commonwealth of Australia by Albert J. Mullett, Government Printer for the State of Victoria.

C.4811.—Price 3d.

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