{"id":"C1970L00050","name":"Egg Export Control (Banking) Regulations","slug":"egg-export-control-banking-regulations","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"50 of 1970","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":24376,"registerId":"commonwealth-C1970L00050-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Egg Export Control (Banking) Regulations","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 22.10.0\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\nSTATUTORY RULES\n\n1970 No.\n\n \n\nREGULATIONS UNDER THE EGG EXPORT CONTROL ACT 1947-1966.*\n\nI, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Egg Export Control Act 1947-1966.\n\nDated this third day of April, 1970.\n\nPaul Hasluck\n\nGovernor-General.\n\nBy His Excellency’s Command,\n\n(SGD.) J. D. ANTHONY\n\nMinister of State for Primary Industry.\n\n \n\nEGG EXPORT CONTROL (BANKING) REGULATIONS\n\nShort title.\n\n1. These Regulations may be cited as the Egg Export Control (Banking) Regulations.\n\nBanks.\n\n2. The Commonwealth Trading Bank of Australia is a prescribed bank for the purposes of section 17 of the Egg Export Control Act 1947-1966.\n\n* Notified in the Commonwealth Gazette on 1970.\n\nPrinted by Authority by the Government Printer of the Commonwealth of Australia\n\n10960/70—Price 5c 10/28.1.1970\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1099},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This regulation maintains its original narrow purpose from 1970. It performs a simple administrative designation without expanding beyond the straightforward banking requirement contemplated by the parent Act."},"complexity_factors":["Only 2 regulations in the entire instrument","No defined terms or interpretation section","No conditional logic, exceptions, or procedural requirements","Single administrative act: naming one specific bank","No cross-references beyond one section of the parent Act"],"plain_english_summary":"**What it does**\nThis short regulation designates the **Commonwealth Trading Bank of Australia** as the official \"prescribed bank\" for the egg export industry.\n\n**Who it affects**\nEgg exporters selling Australian eggs overseas. Under the parent Egg Export Control Act, these businesses were required to deposit their overseas earnings into a specific bank account controlled by a \"prescribed bank.\"\n\n**Why it matters**\nThis rule ensured all money from international egg sales flowed through a single government-owned bank. This allowed the government to monitor export income, manage currency flows, and stabilise agricultural markets during the 1970s."}},"importantCases":[],"_links":{"self":"/api/acts/egg-export-control-banking-regulations","history":"/api/acts/egg-export-control-banking-regulations/history","analysis":"/api/acts/egg-export-control-banking-regulations/analysis","conflicts":"/api/acts/egg-export-control-banking-regulations/conflicts","importantCases":"/api/acts/egg-export-control-banking-regulations/important-cases","documents":"/api/acts/egg-export-control-banking-regulations/documents"}}