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LOANS SECURITIES ACT 1919 - NOTES

No. 25, 1919 as amended

Compilation start date:   1 July 2014

Includes amendments up to: Act No. 62, 2014

 

About this compilation

This compilation

This is a compilation of the Loans Securities Act 1919 as in force on 1 July 2014. It includes any commenced amendment affecting the legislation to that date.

This compilation was prepared on 15 August 2014.

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of each amended provision.

Uncommenced amendments

The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in the endnotes.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Modifications

If a provision of the compiled law is affected by a modification that is in force, details are included in the endnotes.

Provisions ceasing to have effect

If a provision of the compiled law has expired or otherwise ceased to have effect in accordance with a provision of the law, details are included in the endnotes.

 

 

 

Contents

1 Short title

2 Interpretation

3 Conditions of loans

4 Payment of principal and interest

5 Establishment of Registries and appointment of Registrars

5A Powers of Treasurer in relation to borrowings outside Australia

5B Power of Treasurer to enter into swaps or other financial arrangements

5BA Power to enter into securities lending arrangements

5C Jurisdiction of foreign courts

5D Delegation under sections 3, 5A, 5B and 5C

5E Delegation of powers and functions under section 5BA

6 Provisions for payment of judgments in United Kingdom

6A Currency in which moneys may be borrowed

6B Exemption of certain securities issued abroad from taxation

7 Regulations

Endnotes

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Endnote 5--Uncommenced amendments [none]

Endnote 6--Modifications [none]

Endnote 7--Misdescribed amendments [none]

Endnote 8--Miscellaneous [none]

Endnotes

Endnote 1--About the endnotes

The endnotes provide details of the history of this legislation and its provisions. The following endnotes are included in each compilation:

 

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Endnote 5--Uncommenced amendments

Endnote 6--Modifications

Endnote 7--Misdescribed amendments

Endnote 8--Miscellaneous

 

If there is no information under a particular endnote, the word "none" will appear in square brackets after the endnote heading.

 

Abbreviation key--Endnote 2

The abbreviation key in this endnote sets out abbreviations that may be used in the endnotes.

 

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

 

The legislation history in endnote 3 provides information about each law that has amended the compiled law. The information includes commencement information for amending laws and details of application, saving or transitional provisions that are not included in this compilation.

 

The amendment history in endnote 4 provides information about amendments at the provision level. It also includes information about any provisions that have expired or otherwise ceased to have effect in accordance with a provision of the compiled law.

 

Uncommenced amendments--Endnote 5

The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in endnote 5.

 

Modifications--Endnote 6

If the compiled law is affected by a modification that is in force, details of the modification are included in endnote 6.

 

Misdescribed amendments--Endnote 7

An amendment is a misdescribed amendment if the effect of the amendment cannot be incorporated into the text of the compilation. Any misdescribed amendment is included in endnote 7.

 

Miscellaneous--Endnote 8

Endnote 8 includes any additional information that may be helpful for a reader of the compilation.

 

Endnote 2--Abbreviation key

 

ad = added or inserted

pres = present

am = amended

prev = previous

c = clause(s)

(prev) = previously

Ch = Chapter(s)

Pt = Part(s)

def = definition(s)

r = regulation(s)/rule(s)

Dict = Dictionary

Reg = Regulation/Regulations

disallowed = disallowed by Parliament

reloc = relocated

Div = Division(s)

renum = renumbered

exp = expired or ceased to have effect

rep = repealed

hdg = heading(s)

rs = repealed and substituted

LI = Legislative Instrument

s = section(s)

LIA = Legislative Instruments Act 2003

Sch = Schedule(s)

mod = modified/modification

Sdiv = Subdivision(s)

No = Number(s)

SLI = Select Legislative Instrument

o = order(s)

SR = Statutory Rules

Ord = Ordinance

Sub-Ch = Sub-Chapter(s)

orig = original

SubPt = Subpart(s)

par = paragraph(s)/subparagraph(s)

/sub-subparagraph(s)

 

 

Endnote 3--Legislation history

 

Act

Number and year

Assent

Commencement

Application, saving and transitional provisions

Loans Securities Act 1919

25, 1919

28 Oct 1919

28 Oct 1919

 

Loans Securities Act 1956

82, 1956

7 Nov 1956

7 Nov 1956

--

Loans Securities Act 1959

55, 1959

9 Sept 1959

9 Sept 1959

--

Loans Securities Act 1968

28, 1968

7 June 1968

7 June 1968

--

Statute Law Revision Act 1973

216, 1973

19 Dec 1973

31 Dec 1973

ss. 9(1) and 10

Administrative Changes (Consequential Provisions) Act 1978

36, 1978

12 June 1978

12 June 1978

s. 8

Loans Securities Amendment Act 1988

131, 1988

22 Dec 1988

22 Dec 1988

--

Statute Law Revision Act 2008

73, 2008

3 July 2008

Schedule 4 (item 385): 4 July 2008

--

Commonwealth Securities and Investment Legislation Amendment Act 2008

78, 2008

12 July 2008

Schedule 1 (items 10, 11, 16): 13 July 2008

Sch. 1 (item 16)

Statute Law Revision Act 2012

136, 2012

22 Sept 2012

Schedule 5 (items 4, 5): 20 Oct 2012

--

Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014

62, 2014

30 June 2014

Sch 9 (items 220, 221) and Sch 14 (items 1-4): 1 July 2014 (s 2(1) item  6, 14)

Sch 14 (items 1-4)

Endnote 4--Amendment history

 

Provision affected

How affected

s. 2.....................

am. No. 136, 2012; No 62, 2014

s. 3.....................

rs. No. 82, 1956; No. 131, 1988

s. 5.....................

am. No. 73, 2008

ss. 5A, 5B................

ad. No. 131, 1988

s. 5BA..................

ad. No. 78, 2008

 

am No 62, 2014

s. 5C....................

ad. No. 131, 1988

Heading to s. 5D............

am. No. 78, 2008

s. 5D....................

ad. No. 131, 1988

s. 5E....................

ad. No. 78, 2008

s. 6.....................

am. No. 36, 1978; No. 136, 2012

s. 6A....................

ad. No. 82, 1956

s. 6B....................

ad. No. 55, 1959

 

am. No. 28, 1968; No. 216, 1973

s. 7.....................

am. No. 28, 1968

 

Endnote 5--Uncommenced amendments [none]

Endnote 6--Modifications [none]

Endnote 7--Misdescribed amendments [none]

Endnote 8--Miscellaneous [none]

 


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