War Service Homes Regulation 1919

Overview

The War Service Homes Regulation 1919 was enacted by the Governor-General in Council under the authority of the War Service Homes Act 1918 to establish specific provisions and mechanisms for the administration of service homes provided for returned servicemen and their families. The primary problem this regulation aimed to address was the need to efficiently manage and allocate housing resources for war veterans, ensuring they received appropriate and timely support in the post-war period. The regulation identifies the Commonwealth Bank of Australia as a prescribed institution for the purposes outlined in section 50 of the Act, thereby formalising the bank's role in financial transactions related to war service homes. This legislative instrument was issued to ensure that the provisions of the War Service Homes Act 1918 were effectively implemented and that the needs of returning soldiers and their families were met with the necessary bureaucratic and financial support.

Scope and Application

The War Service Homes Regulation 1919 applies specifically to the Commonwealth Bank of Australia, designating it as a prescribed institution under section 50 of the War Service Homes Act 1918. This regulation is an instrumental part of the legislative framework designed to support and provide housing for Australian war service members. The regulation applies to the Commonwealth Bank of Australia, which is required to comply with the stipulations outlined within the War Service Homes Act 1918. The jurisdictional reach of this regulation is confined to the Commonwealth, reflecting the federal nature of the legislative framework it supports. There are no explicit exclusions, exemptions, or thresholds stated in the regulation itself, though the overarching Act may contain such provisions. The regulation does not extend or restrict application through subordinate instruments, as its primary purpose is to designate the Commonwealth Bank of Australia as a prescribed institution under the Act.

Key Provisions

The War Service Homes Regulation 1919 (C1919L00165) provides specific details and operational guidance under the War Service Homes Act 1918. One of the key provisions is the designation of the Commonwealth Bank of Australia as a prescribed institution for the purposes of section 50 of the Act (section 1). This means that the Commonwealth Bank of Australia is formally recognised and authorised to handle financial transactions and services related to war service homes and benefits. The regulation imposes clear obligations on the Commonwealth Bank of Australia, requiring it to adhere to the guidelines and procedures outlined in the War Service Homes Act 1918. This includes facilitating payments and financial transactions related to war service homes, ensuring that these services are delivered efficiently and in compliance with legislative requirements. The Commonwealth Bank of Australia must also maintain accurate records and provide necessary documentation to support its activities under the Act. Failure to comply with the provisions of the War Service Homes Regulation 1919 may result in various consequences, including potential civil or criminal liability. Although the specific penalties are not detailed in the regulation itself, breaches of the Act could lead to fines, imprisonment, or other legal repercussions as prescribed by the relevant legislation. The exact penalties would depend on the nature and severity of the breach, and any enforcement actions would be taken in accordance with the legal frameworks in place. In summary, the War Service Homes Regulation 1919 establishes the Commonwealth Bank of Australia as a prescribed institution for handling financial transactions related to war service homes, outlines the bank's obligations under the Act, and implies that non-compliance may result in serious legal consequences. This regulation serves to ensure that financial services related to war service homes are managed effectively and in accordance with legislative mandates.