Federal Register of Legislation - Australian Government

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Telecom Australia Stock Regulations (Amendment)

  • - C2004L06228
  • No longer in force
SR 1991 No. 291 Regulations as made
These Regulations amend the Telecom Australia Stock Regulations.
Tabling HistoryDate
Tabled HR08-Oct-1991
Tabled Senate08-Oct-1991
Gazetted 17 Sep 1991
Date of repeal 01 Feb 1992
Repealed by Repeal of the enabling legislation by Telecommunications (Transitional Provisions and Consequential Amendments) Act 1991

 

 

Statutory  Rules  1991   No. 2911

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Telecom Australia Stock Regulations 2 (Amendment)

 

 

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Australian Telecommunications Corporation Act 1989.

 

       Dated 10 September 1991.

 

                                                                                          BILL HAYDEN

                                                                                           Governor-General

       By His Excellency’s Command,

 

 

KIM BEAZLEY

Minister of State for Transport and Communications

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1.    Amendment

1.1    The Telecom Australia Stock Regulations are amended as set out in these Regulations.

 

 

2.    Regulation 7 (Manner of registration of stock)

2.1    Subregulation 7 (3):

Omit “must not”, substitute “may”.

 

 

 

3.    Regulation 8 (Notice of trusts not received)

3.1    Omit the regulation.

 

 

4.    Regulation 9 (Executors etc.)

4.1    Omit the regulation, substitute:

               “9.  (1)  Stock may be inscribed in the name of a person described as an executor, administrator or trustee.

 

             “(2)  Where stock is inscribed in the name of a person described as a trustee, Telecom :

               (a)  is not affected with notice of the terms of the trust; and

               (b)  is not required to make any enquiries about the trust or the propriety of anything done in relation to the stock inscribed in the name the trustee or any part of the stock.”.

 

 

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NOTES

 

1.      Notified in the Commonwealth of Australia Gazette on 17 September 1991.

 

2.      Statutory Rules 1989 No. 149.