Statutory Rules 1984 No. 230¹

Trade Practices (Removal of Exceptions)

Regulations² (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Trade Practices Act 1974.

Dated 3 September 1984.

N. M. STEPHEN

Governor-General

By His Excellency's Command,

(Sgd) Gareth Evans

Attorney-General

Removal of exception—paragraph 51 (1) (b) of the Act

Regulation 3 of the Trade Practices (Removal of Exceptions) Regulations is amended—

(a) by omitting sub-regulation (1) and substituting the following sub-regulation:

“(1) For the purposes of paragraph 51 (1) (b) of the Act, a requirement by a prescribed society that a borrower from the society shall cause insurance to be effected in a State with an insurer, or one of the insurers, specified, nominated or approved by the society shall not be disregarded in determining whether a contravention of a provision of Part IV of the Act has been committed.”; and

(b) by omitting from sub-regulation (3) the definition of “terminating building society”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 12 September 1984.

2. Statutory Rules 1975 No. 191 as amended by 1979 No. 61; 1981 No. 250.

Printed by Authority by the Commonwealth Government Printer

S.R. 43/84           Cat. No.           —Recommended retail price 20c                                                             10/23.3.1984