Commonwealth Consolidated Regulations

BANKING (FOREIGN EXCHANGE) REGULATIONS 1959

- made under the Banking Act 1959

TABLE OF PROVISIONS

   PART I--PRELIMINARY

   1.      Name of Regulations [see Note 1]  
   4.      Interpretation  

   PART II--MONETARY CONTROL

   5.      Control of purchase  
   5A.     Offence against directions  
   6.      Control of transfer of currency out of Australia  
   7.      Control of money orders  
   8.      Control of certain payments and transactions  
   9.      Control of certain transfers etc of property  
   11.     Special provisions for making certain payments  
   12.     Blocked accounts  

   PART III--CONTROL OF PROCEEDS OF EXPORTS

   14.     Part not to apply in external Territories  
   15.     Interpretation  
   16.     Exportation of goods prohibited unless approved payment received  
   17.     Foreign currency to be sold to bank in Australia  
   18.     Fulfilment of arrangements  
   19.     Exporters to give information  
   20.     Bank may require further particulars  
   21.     Provision where goods undervalued  
   22.     Provisions of other laws not affected  
   23.     Indemnity  
   24.     Security  

   PART IV--SECURITIES

   33.     Control of disposal of securities  
   34.     Control of foreign securities  
   35.     Returns of foreign securities  

   PART V--MISCELLANEOUS

   36.     Declaration by travellers  
   38.     Exemptions  
   38A.    General authorities  
   39.     Authority of the Bank  
   39A.    Directions by Treasurer  
   40.     False statements  
   41.     Contracts to evade Regulations  
   42.     Offences  
   43.     Property obtained in contravention of Regulations  
   44.     Agents of the Bank  
   45.     Validation