8Governor may make regulations

8 Governor may make regulations

8 Governor may make regulations

The Governor may make regulations for:

(a) the inscription and issue of stock at the Treasury,

(b) effecting the conversion of debentures into stock issued in New South Wales and regulating transfers and renewals of such stock,

(c) paying interest on such stock,

(d) issuing stock certificates and, as often as occasion requires, reinscribing stock and reissuing such certificates,

(e) receiving all moneys raised under this Act, and paying such moneys into the general loan account with the bank keeping the Government accounts,

(f) issuing scrip for deposits on loans raised by the sale of stock issued in New South Wales,

(g) paying off capital of stock and loans,

(h) conducting generally all business connected with such stock and loans.

And all such regulations, on being published in the Gazette, shall be valid in law.