Commonwealth legislation

Apple and Pear Organization (Banking) Regulations

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

67 of 1949

Collection

legislative instrument

Plain English Summary

1/10 complexity

These regulations govern how the Apple and Pear Organization—a statutory body established to oversee Australia’s apple and pear industry—manages its bank accounts and financial transactions.

Key changes:

Removes outdated rules: It repeals Part II of the previous Apple and Pear Organization Regulations.
Sets cheque-signing requirements: Any cheques drawn on the Organization’s bank accounts must carry two signatures:
- One signature from a member of the Board; and
- A second signature from either another Board member or the Secretary to the Board.

This creates a basic financial control (called ‘dual authorisation’) to prevent any single person from accessing the Organization’s funds unilaterally.

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Current sections

Direct links to the current provisions in Apple and Pear Organization (Banking) Regulations.

Apple and Pear Organization (Banking) Regulations

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APPLE AND PEAR ORGANIZATION (BANKING) REGULATIONS.

Statutory Rules 1949, No. 67.(b)

Citation.

These Regulations may be cited as the Apple and Pear Organization (Banking) Regulations.

Repeal.

Part II. of the Apple and Pear Organization Regulations is repealed.

Signing of cheques.

Cheques drawn on any account referred to in section 20 of the Act shall be signed by a member of the Board and either by one other member of the Board or by the Secretary to the Board.

(b) Made under the Apple and Pear Organization Act 1938-1948 on 15th September, 1949 ; notified in the Gazette on 15th September, 1949.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.