LOAN (INCOME EQUALIZATION DEPOSITS) ACT 1976 (REPEALED)

***** Repealed 22 February 2005 *****

PART IV - MISCELLANEOUS

SECTION 28   REGULATIONS  

28(1)  [Governor-General may make regulations]  

The Governor-General may make regulations, not inconsistent with this Act, prescribing all matters required or permitted by this Act to be prescribed, or necessary or convenient to be prescribed for carrying out or giving effect to this Act, and, in particular:

(a)  requiring a depositor, the personal representative of a depositor, the trustee in bankruptcy of a depositor who has become bankrupt to furnish to the authorized person such information as is required by the regulations within such time as is prescribed; and

(b)  prescribing penalties, not exceeding a fine of $200, for offences against the regulations.

28(2)  [Reference to depositor]  

The references in subsection (1) to a depositor shall, in relation to a deposit made by a trustee of a trust estate on behalf of a beneficiary, be construed as references to the beneficiary.