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LOAN (INCOME EQUALIZATION DEPOSITS) ACT 1976 No. 206, 1976 - SECT 28
Regulations.
28. (1) 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 or the
liquidator of a company that is a depositor and is in the course of
being wound up 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 regulatons.
(2) The references in sub-section (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.
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