TREASURY BILLS.

No. 93 of 1940.

An Act to amend the Treasury Bills Act 1914-1915.

[Assented to 17th December, 1940.]

[Date of commencement, 14th January, 1941.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Treasury Bills Act 1940.

(2.) The Treasury Bills Act 1914-1915, as amended by this Act, may be cited as the Treasury Bills Act 1914-1940.

2. After section thirteen of the Treasury Bills Act 1914-1915 the following sections are inserted:—

Copying of Treasury Bills forbidden.

“13a.—(1.) A person shall not, without the authority of the Treasurer (proof whereof shall lie upon him) make or have in his possession—

(a) any copy of a Treasury Bill; or

(b) any writing, engraving, photograph or print resembling a Treasury Bill or apparently intended to be or pass for a copy of a Treasury Bill.

Penalty: One hundred pounds, or imprisonment for one year, or both.

“(2.) This section shall not affect the liability of any person to be proceeded against for any higher offence but a person so proceeded against shall not be punished twice in respect of the same offence.

“(3.) In this section ‘copy of a Treasury Bill’ includes any representation or negative of a Treasury Bill in any size or on any scale, and includes a copy of a form of a Treasury Bill in any size or on any scale.

Treasury Bills not to be used as advertisements, &c

“13b. A person shall not—

(a) make on, or attach to, any Treasury Bill, any advertisement;

(b) design, make, issue or circulate any advertisement in the form of or apparently intended to resemble a Treasury Bill; or

(c) without lawful authority (proof whereof shall lie upon him) deface or disfigure any Treasury Bill by writing, printing, stamping or drawing anything thereon.

Penalty: Twenty pounds.”.