Federal Register of Legislation - Australian Government

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SR 1949 No. 43 Regulations as made
Principal Regulations
Gazetted 30 Jun 1949
Date of repeal 18 Aug 1949
Repealed by Repeal of the enabling legislation by National Emergency (Coal Strike) Act 1949



1949.      No.          .




ACT 1949.*


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 Emergency (Coal Strike) Act 1949.


            Dated this thirteenth day of June, 1949.


                                                                        W. J. McKELL



By His Excellency's Command,


(Sgd) H. V. Evatt


Attorney General





1. These Regulations ay be cited as the National Emergency (Coal Strike) Regulations.


2..-(1.) In these Regulations, unless the contrary intention appears-

“banker” means body corporate which carries on the business of banking;

“the Act” means the National Emergency (Coal Strike) Act 1949.

  (2.) Any reference in these Regulations to a receipt, payment or other transaction in contravention of the Act shall include a reference to a receipt, payment or other transaction intended to facilitate such a contravention.

* Notified in the Commonwealth Gazette on 30th June, 1949.


Obligations of bankers

3.-(1.) Where, in the course of business, a banker is requested, demanded or obligated to receive any money from, or to pay any money to, a person, or take part in any transaction, in such circumstances that the payment of that money from the banker, or the participation in that transaction, might reasonably be regarded as being a contravention of the Act, the banker shall not receive or pay the money, or take part in the transaction, unless the banker has obtained such information in writing (including declarations), as satisfying the banker that the receipt or payment of the money, or the participation in the transaction, would not be a contravention of the Act.

(2.) A banker shall retain all information (including declarations) obtained by him for the purposes of this regulation.

                Penalty: Two hundred and fifty pounds.