1National Security (Gifts and Loans) Regulations

STATUTORY RULES.

1940. No. 106.

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REGULATIONS UNDER THE NATIONAL SECURITY ACT 1939.*

I, 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 National Security Act 1939.

Dated this Twelfth

day of June, 1940

(SGD.) GOWRIE.

Governor-General.

By His Excellency’s Command,

unidentified signature

for and on behalf of the Minister of State for Defence Co-ordination.

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National Security (Gifts and Loans) Regulations.

Citation.

1. These Regulations may be cited as the National Security (Gifts and Loans) Regulations.

Powers of bodies corporate in relation to gifts and loans.

2. Every body corporate is hereby authorized and empowered—

(a) to make a gift of moneys to the Commonwealth for war purposes; or

(b) to lend moneys to the Commonwealth for war purposes on such terms as it thinks fit,

notwithstanding that, apart from this regulation, the body corporate has not power to make such a gift, to lend moneys to the Commonwealth, or to lend moneys to the Commonwealth on the terms referred to.

*Notified in the Commonwealth Gazette on , 1940.

By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.

3428.—10/30.5.1940—Price 3d.