AUDIT.

No. 8 of 1959.

An Act to amend the Audit Act 1901-1957.

[Assented to 23rd April, 1959.]

BE it enacted by the Queen’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 Audit Act 1959.

(2.) The Audit Act 1901-1957, as amended by this Act, may be cited as the Audit Act 1901-1959.

Commencement.

2. This Act shall come into operation on the day on which the Reserve Bank Act 1959 comes into operation.

Guarantees by Treasurer.

3. Section seventy b of the Audit Act 1901-1957 is amended by omitting the words “the Commonwealth Bank of Australia or to the Commonwealth Trading Bank of Australia” and inserting in their stead the words “the Reserve Bank of Australia, the Commonwealth Trading Bank of Australia or the Commonwealth Development Bank of Australia”.