GOVERNMENT GUARANTEES ACT 1934 - As at 10 December 2008 - Act 57 of 1934 TABLE OF PROVISIONS TABLE OF PROVISIONS 1. Name of Act 2. Validation 3. Authority for Treasurer to guarantee overdraft accounts etc 3AA. Execution of certain guarantees on behalf of Treasurer 3A. Guarantees for industrial purposes 3B. Guarantees for development of the tourist industry 4. Provisions relating to guarantees given under this Act 4A. (Repealed) 5. Contingent appropriation 6. Regulations 7. Amendment of Act No 43, 1902 Schedule GOVERNMENT GUARANTEES ACT 1934 - LONG TITLE An Act to validate certain guarantees given to certain banks by the Treasurer or pursuant to minutes of the Governor and Executive Council; to authorise the Treasurer to execute guarantees in certain cases; to make certain contingent appropriations out of the Consolidated Revenue Fund; to amend the Usury, Bills of Lading, and Written Memoranda Act 1902; and for purposes connected therewith. GOVERNMENT GUARANTEES ACT 1934 - SECT 1 Name of Act 1 Name of Act This Act may be cited as the Government Guarantees Act 1934. GOVERNMENT GUARANTEES ACT 1934 - SECT 2 Validation 2 Validation (1) The action of the Governor and Executive Council or the Treasurer in authorising the giving of the guarantees set out in the Schedule is hereby validated and any such authorisation shall be deemed a guarantee by the Government notwithstanding that no formal instrument of guarantee has been executed. (2) No guarantee so authorised shall be held to be void merely on the ground that the person by whom such guarantee was so authorised or given had no power to create a liability enforceable against the Government and to be discharged out of the Consolidated Revenue Fund. GOVERNMENT GUARANTEES ACT 1934 - SECT 3 Authority for Treasurer to guarantee overdraft accounts etc 3 Authority for Treasurer to guarantee overdraft accounts etc (1) It shall be lawful for the Treasurer, upon the recommendation of the Minister for Health, with the approval of the Governor, to execute a guarantee in favour of any bank, building society or credit union in respect of the overdraft account with the bank, building society or credit union or of any indebtedness to the bank, building society or credit union of any statutory health corporation or affiliated health organisation within the meaning of the Health Services Act 1997. (2) It shall be lawful for the Treasurer with the approval of the Governor to execute a guarantee in favour of any bank, building society or credit union, or of any other body of persons, corporate or unincorporate, approved by the Minister (in this Act referred to as "approved body") for the repayment of any advance made or to be made by the bank, building society, credit union or approved body, as the case may be: (a) to any marketing board within the meaning of the Marketing of Primary Products Act 1927, or (b) to any society (other than a co-operative housing society) within the meaning of the Co-operation Act 1923, or (c) to any society within the meaning of the Permanent Building Societies Act 1967: Provided further that where any such guarantee is for the repayment of any advance to a community settlement society within the meaning of the Co-operation Act 1923, it shall not be executed except upon the recommendation of the Co-operative Farms Purchase Promotion Committee constituted under that Act. (3) It shall be lawful for the Treasurer, upon the recommendation of the Farmers’ Relief Board and with the approval of the Governor, to execute a guarantee in favour of any bank in respect of the account with the bank of a supervisor within the meaning of the Farmers’ Relief Act 1932. (4) It shall be lawful for the Treasurer, with the approval of the Governor, but subject to this Act, to renew any guarantee validated by this Act or by the Housing (Further Provisions) Act 1937 for such further period or periods as the Treasurer may think fit, and either upon the same terms and conditions or upon such other terms and conditions and for the same amount or such other amount as may be agreed upon by the Treasurer, the bank and the debtor. (5) Nothing in this section shall require the renewal of a continuing guarantee validated by this Act or by the Housing (Further Provisions) Act 1937 or prejudice its operation as a continuing guarantee. (5A) (a) It shall be lawful for the Treasurer with the approval of the Governor to execute a guarantee in favour of any bank in respect of the overdraft account with the bank of any person or body of persons corporate or unincorporate with whom the Treasurer has entered into an agreement pursuant to section 13A of the Cinematograph Films (Australian Quota) Act 1935. (b) The Treasurer shall not execute a guarantee under this subsection after the thirty-first day of December, one thousand nine hundred and thirty-nine. (5B) It shall be lawful for the Treasurer with the approval of the Governor to execute a guarantee in favour of any bank in respect of the overdraft account with the bank of The Metropolitan Meat Industry Commissioner. (5C) (a) It shall be lawful for the Treasurer, upon the recommendation of the Minister for Agriculture and with the approval of the Governor, to execute a guarantee in favour of any bank, building society or credit union, or of any other body of persons, corporate or unincorporate, approved by the Treasurer (in this Act referred to as "approved body") for repayment of any advance to a society or company, being the owner or engaged in the operation of a factory for the processing of milk or other dairy products, or any such society and company acting together, for the purpose of providing facilities for bulk handling and transportation of milk. (b) In this subsection: "society" means a society within the meaning of the Co- operation Act 1923. "company" means a company within the meaning of the Corporations Act 2001 of the Commonwealth. (c) The provisions of this subsection in relation to a society shall be additional to and not in derogation of the provisions of paragraph (b) of subsection (2). (5D) It shall be lawful for the Treasurer with the approval of the Governor to execute a guarantee in favour of any bank, building society or credit union, or other body of persons, corporate or unincorporate, approved by the Treasurer (in this Act referred to as "approved body") for the repayment of any advance to the Trustees of The Labor Council of New South Wales, a trade union registered under the Trade Union Act 1881, as subsequently amended, for purposes connected with a new Trades Hall or other like purposes. (5E) It shall be lawful for the Treasurer with the approval of the Governor to execute a guarantee in favour of any bank, building society or credit union in respect of the overdraft account with the bank, building society or credit union of the Hunter Valley Conservation Trust. (5F) It shall be lawful for the Treasurer, with the approval of the Governor, to execute a guarantee in favour of any bank, building society or credit union in respect of the overdraft account with the bank, building society or credit union of the New South Wales Meat Industry Authority. (5G) It shall be lawful for the Treasurer, upon the recommendation of the Minister for Sport and Recreation, and with the approval of the Governor, to execute a guarantee in favour of a bank, building society or credit union or other body of persons, corporate or unincorporate, approved by the Treasurer (in this Act referred to as the "approved body") for the repayment of any money borrowed pursuant to section 24 of the Sydney Cricket and Sports Ground Act 1978. (5H) It shall be lawful for the Treasurer, upon the recommendation of the Minister for Health and with the approval of the Governor, to execute a guarantee in favour of any bank, building society or credit union, or other body of persons, corporate or unincorporate, approved by the Treasurer (in this Act referred to as "approved body") for the repayment of any advance to the Australasian Conference Association Limited, a company within the meaning of the Companies Act 1961, for the purpose of providing extensions to the body formerly known as the Sydney Sanitarium and Hospital, Wahroonga, and now known as the Sydney Adventist Hospital, Wahroonga, and for other purposes connected therewith. (5I) It shall be lawful for the Treasurer, on the recommendation of the Minister for Health and with the approval of the Governor, to execute a guarantee in favour of the Bank of New South Wales for the repayment of any advance to the Trustees of the Sisters of Charity of Australia, a body corporate constituted under the Roman Catholic Church Communities’ Lands Act 1942, for the purpose of rebuilding St. Vincent’s Private Hospital, Darlinghurst, and for other purposes connected therewith. (5J) It shall be lawful for the Treasurer, upon the recommendation of the Minister for the Arts and with the approval of the Governor, to execute a guarantee in favour of any bank or other body of persons, corporate or unincorporate, approved by the Treasurer (in this Act referred to as "approved body") for the repayment of any advance to the Nimrod Theatre Company Limited. (5K) It is lawful for the Treasurer, on the recommendation of the Minister administering the Home Care Service Act 1988 and with the approval of the Governor, to execute a guarantee in favour of any bank, building society or credit union, or other body of persons, corporate or unincorporate, approved by the Treasurer (in this Act referred to as "approved body") for the repayment of any advance made under the Home Care Service Act 1988 in connection with the Hostel and Care Program. (6) Any guarantee executed by the Treasurer under this Act may be made by way of increase of the amount of the Treasurer’s liability as stated in a previous guarantee given under this Act, and may be made upon such terms and conditions as are prescribed or as the Treasurer may determine. The enactment of this subsection shall not affect subsections (1), (2) and (3). (7) The approval of the Governor to the execution of any guarantee under this section shall be conclusive evidence that the guarantee has not been entered into in contravention of this section. GOVERNMENT GUARANTEES ACT 1934 - SECT 3AA Execution of certain guarantees on behalf of Treasurer 3AA Execution of certain guarantees on behalf of Treasurer (1) Any guarantee authorised by this Act to be given for the repayment of any advance made to a co-operative housing society within the meaning of the Co-operation Act 1923 may, upon the recommendation of the Co-operative Housing Societies Advisory Committee constituted under that Act and with the approval of the Governor, be executed for and on behalf of the Treasurer by any other Minister of the Crown whom the Treasurer may authorise in writing either generally or in any particular case so to do. (2) A guarantee executed by a Minister of the Crown for and on behalf of the Treasurer pursuant to subsection (1) shall be deemed to have been executed by the Treasurer. (3) The approval of the Governor to the execution of any guarantee pursuant to this section shall be conclusive evidence that the guarantee has not been entered into in contravention of this section. GOVERNMENT GUARANTEES ACT 1934 - SECT 3A Guarantees for industrial purposes 3A Guarantees for industrial purposes (1) Subject to subsection (2), it shall be lawful for the Treasurer, upon the recommendation of the Minister for Decentralisation and Development and with the approval of the Governor, to execute a guarantee, either alone or jointly with some other person, in favour of any bank, building society or credit union or other person (not being a co-operative society within the meaning of the Co-operation Act 1923) for the repayment of moneys expended or to be expended on: (a) the acquisition of land, or land and buildings thereon, (b) the construction, improvement or alteration of buildings, or (c) the acquisition of plant, machinery or equipment, used or to be used for the conduct of a country industry, as defined in the State Development and Industries Assistance Act 1966. (2) The Treasurer shall not execute a guarantee referred to in subsection (1) if the amount of the guarantee exceeds ninety per centum of the estimated value of the land or land and buildings thereon, of the estimated cost of the works of construction, improvement or alteration, or of the estimated value of the plant, machinery or equipment, as the case may be, such estimated value or cost to be ascertained in such manner as the Treasurer may direct. (3) The Treasurer may enter into an agreement with a council within the meaning of the Local Government Act 1993 for the payment by that council to the Treasurer of part of any moneys paid under any guarantee given by the Treasurer under subsection (1). (4) The execution by the Treasurer, either alone or jointly with some other person, of a guarantee under this section shall, in favour of the creditor, be conclusive evidence that the requirements of this section with respect to the guarantee have been complied with. GOVERNMENT GUARANTEES ACT 1934 - SECT 3B Guarantees for development of the tourist industry 3B Guarantees for development of the tourist industry (1) Subject to subsection (2), the Treasurer may, upon the recommendation of the Minister administering the Tourism Commission Act 1984, and with the approval of the Governor, execute a guarantee, either alone or jointly with some other person, in favour of any bank, building society or credit union or other person (not being a co-operative society within the meaning of the Co-operation Act 1923) for the repayment of moneys expended or to be expended on: (a) the acquisition of land, or land and buildings thereon, (b) the construction, improvement or alteration of buildings, or (c) the acquisition of plant, machinery or equipment, used or to be used for the development of the tourist industry in the State. (2) Subsections (2), (3) and (4) of section 3A apply in respect of guarantees under this section in the same way as they apply in respect of guarantees under that section. GOVERNMENT GUARANTEES ACT 1934 - SECT 4 Provisions relating to guarantees given under this Act 4 Provisions relating to guarantees given under this Act The following provisions shall apply to and in respect of any guarantee authorised by this Act to be given or to and in respect of the renewal of any guarantee validated by this Act or by the Housing (Further Provisions) Act 1937: (a) The guarantee shall be in such form and subject to such terms and conditions as are prescribed or as the Treasurer may determine. (b) The guarantee may include the interest charges and expenses chargeable by the bank, building society, credit union or approved body as the case may be against the principal debtor in the usual course of its business and the expenses of enforcing or obtaining or endeavouring to enforce or obtain payment of the debt guaranteed and such interest charges and expenses. (c) The guarantee may be expressed to include compound interest. (d) The bank, building society, credit union or approved body as the case may be shall obtain, take and hold or retain and hold such securities (if any) for the payment of the principal debt as the Treasurer may require. (e) The guarantee shall not be enforceable against the Treasurer or the Consolidated Revenue Fund unless and until the bank, building society, credit union or approved body as the case may be has exercised its rights and remedies under all securities held by or for it in respect of the debt guaranteed, other than the guarantee or where the principal debtor is a marketing board or a society (other than a building society community settlement society or community advancement society) within the meaning of the Co-operation Act 1923, unless a judge of the Supreme Court by order made on summons in Chambers declares that he or she is satisfied that the bank, building society, credit union or approved body as the case may be is unable to exercise such rights and remedies without undue interference with the operations of the board or society concerned or where the principal debtor is a building society community settlement society or community advancement society within the meaning of the said Act or a society (other than an association) within the meaning of the Permanent Building Societies Act 1967, unless the bank, building society, credit union or approved body, as the case may be, shall, under the provisions of the securities executed by the building society community settlement society or community advancement society in favour of the bank, building society, credit union or approved body as the case may be, or of any such securities, have become entitled to appoint a receiver of such of the property of the building society community settlement society or community advancement society or society (other than an association) within the meaning of the Permanent Building Societies Act 1967 as is charged by those securities or any of them with the repayment of the debt guaranteed. This paragraph shall not apply to or in respect of any guarantee or any renewal of a guarantee, as the case may be, given under the authority of this Act, guaranteeing the repayment of any loans or advances made or to be made to any statutory health corporation or affiliated health organisation within the meaning of the Health Services Act 1997. (f) The bank, building society, credit union or approved body as the case may be shall not without the consent in writing of the Treasurer assign or encumber the benefit of the guarantee. GOVERNMENT GUARANTEES ACT 1934 - SECT 5 Contingent appropriation 5 Contingent appropriation Such sums as may from time to time become due and payable by the Treasurer under any guarantee validated or authorised by this Act or validated by the Housing (Further Provisions) Act 1937 may be paid out of the Consolidated Revenue Fund without further appropriation than this Act. GOVERNMENT GUARANTEES ACT 1934 - SECT 6 Regulations 6 Regulations (1) The Governor may make regulations not inconsistent with this Act prescribing all matters which by this Act are required or permitted to be prescribed or which are necessary or convenient to be prescribed for giving effect to this Act. GOVERNMENT GUARANTEES ACT 1934 - SECT 7 Amendment of Act No 43, 1902 7 Amendment of Act No 43, 1902 Note: The amending provisions relating to the Usury, Bills of Lading, and Written Memoranda Act 1902 are not reprinted: Reprints Act 1972, section 6. GOVERNMENT GUARANTEES ACT 1934 - SCHEDULE (Section 2 (1)) _____________________________________________________________________________ |_____________________________________________________________________________| |_____________________________________________________________________________| | |Royal Prince Alfred |Commercial Banking Co.| | |10 May, 1926 |Hospital. |of Sydney Ltd., |35,000 0 0 | |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |8 May, 1929 |Royal North Shore |Bank of NSW, North |54,000 0 0 | |_____________________________________________________________________________| |_____________________________________________________________________________| |28 " 1930 |St. George District |Bank of Australasia, |5,000 0 0 | |_____________________________________________________________________________| | |Royal Alexandra | | | |6 Dec, 1932 |Hospital for |Bank of NSW, |15,000 0 0 | | |Children—General |Camperdown Branch. | | |_____________________________________________________________________________| | |Royal Alexandra | | | |6 " 1932 |Hospital for |" " " |10,000 0 0 | | |Children—Building | | | |_____________________________________________________________________________| |3 July, 1933 |Auburn District |Bank of NSW, Auburn |500 0 0 | |_____________________________________________________________________________| |9 Jan, 1934 |Broken Hill and |E.S.& A. Bank Limited,|5,500 0 0 | |_____________________________________________________________________________| |31 " 1934 |Cessnock District |Bank of NSW, Cessnock |6,000 0 0 | |_____________________________________________________________________________| |31 " 1934 |Kurri Kurri District |Bank of NSW, Kurri |7,000 0 0 | |_____________________________________________________________________________| |31 " 1934 |Maitland Hospital |Bank of NSW, West |8,000 0 0 | |_____________________________________________________________________________| |31 " 1934 |Orange District |Bank of NSW, Orange |1,000 0 0 | |_____________________________________________________________________________| | |Murrumbidgee | | | |6 Dec, 1921 |Irrigation Areas Co- |Bank of NSW, Leeton |35,000 0 0 | | |operative Company, |Branch. | | |_____________________________________________________________________________| |12 Oct, 1932 |Yenda Producers’ Co-|Bank of NSW, Yenda |3,000 0 0 | |and |operative Society, |Branch. |and interest. | |_____________________________________________________________________________| | |Rice Marketing Board |Bank of NSW, Leeton |205,000 0 0 | |16 May, 1933 |for the State of New |Branch. |and interest. | |_____________________________________________________________________________| |5 April, 1934|" " " |" " " |205,000 0 0 | |_____________________________________________________________________________| | |Young District |Commonwealth Bank of | | |9 Jan, 1934 |Producers’ Co- |Australia, Young |31,166 0 0 | | |operative Association |Branch. |and interest. | |_____________________________________________________________________________| | |New South Wales Dairy |Commercial Banking Co.|300 0 0 | |1 May, 1934 |Products Board. |of Sydney, Ltd., Royal|and interest. | |_____________________________________________________________________________| | |Irrigation Co- |Bank of NSW, Yenda |10,000 0 0 | |8 May, 1934 |operative Societies, |Branch. |and interest. | |_____________________________________________________________________________| | |Egg Marketing Board | | | | |for the Counties of | | | |15 May, 1934 |Cumberland and |Commonwealth Bank of |55,000 0 0 | | |Northumberland and |Australia, Sydney. |and interest. | | |Shires of Nattai and | | | |_____________________________________________________________________________| | |White Memorial |Commercial Banking Co.| | |16 Oct, 1928 |Swimming Baths |of Sydney, Ltd, |3,500 0 0 | |_____________________________________________________________________________| | |The Sydney Harbour | | | | |Trust Clerical and | | | |26 Mar, 1926 |General Officers’ |Bank of NSW, Sydney. |1,250 0 0 | | |Association, Ticket | | | |_____________________________________________________________________________| | |NSW Public Service | | | | |Professional |Bank of NSW, Royal |1,500 0 0 | |1 June, 1933 |Officers’ |Exchange Branch. |and interest. | | |Association Season | | | |_____________________________________________________________________________| | |Public Service |Commercial Banking Co.| | |20 Mar, 1934 |Association of NSW |of Sydney, Ltd, |2,500 0 0 | | |Season Ticket |Sydney. | | |_____________________________________________________________________________| |4 Sept, 1929 |J C Lennon |Bank of NSW, Inverell |5,040 0 0 | |_____________________________________________________________________________| |29 Oct, 1929 |J D Smith |Bank of NSW, Trundle |300 0 0 | |_____________________________________________________________________________| | |C W Beer, Supervisor, |Bank of NSW, | | |17 " 1933 |Farmers’ Relief |Murwillumbah Branch. |100 0 0 | |_____________________________________________________________________________| | |R E Cumming, |Bank of NSW, Moree | | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |W E Frost, Supervisor,|Bank of NSW, | | |17 " 1933 |Farmers’ Relief |Canowindra Branch. |200 0 0 | |_____________________________________________________________________________| | |W J Johnson, |Bank of NSW, Grafton | | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |J S Longhurst, |Bank of NSW, Bega | | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |H A Marks, Supervisor,|Bank of NSW, Bellingen| | |17 " 1933 |Farmers’ Relief |Branch. |100 0 0 | |_____________________________________________________________________________| | |E T Matthews, |Bank of NSW, | | |17 " 1933 |Supervisor, Farmers’|Deniliquin Branch. |200 0 0 | |_____________________________________________________________________________| | |H G Norton, |Bank of NSW, Corowa | | |17 " 1933 |Supervisor, Farmers’|Branch. |150 0 0 | |_____________________________________________________________________________| | |D R Parker, |Bank of NSW, Kempsey | | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |F A Paterson, |Bank of NSW, Lismore | | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |J D Purcell, |Bank of NSW, Junee | | |17 " 1933 |Supervisor, Farmers’|Branch. |150 0 0 | |_____________________________________________________________________________| | |J R Souter, |Bank of NSW Glen Innes| | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |H H Stevenson, |Bank of NSW, Tamworth | | |17 " 1933 |Supervisor, Farmers’|Branch. |200 0 0 | |_____________________________________________________________________________| | |W D Sykes, Supervisor,|Bank of NSW, Wentworth| | |17 " 1933 |Farmers’ Relief |Branch. |100 0 0 | |_____________________________________________________________________________| | |T A Tester, |Bank of NSW, Young | | |17 " 1933 |Supervisor, Farmers’|Branch. |100 0 0 | |_____________________________________________________________________________| | |M C Tweedie, |Bank of NSW, Gunnedah | | |17 " 1933 |Supervisor, Farmers’|Branch. |200 0 0 | |_____________________________________________________________________________| | |A F Witcombe, |Bank of NSW, Grenfell | | |17 " 1933 |Supervisor, Farmers’|Branch. |150 0 0 | |_____________________________________________________________________________| | |D L Young, Supervisor,|Bank of NSW, Albury | | |17 Oct, 1933 |Farmers’ Relief |Branch. |250 0 0 | |_____________________________________________________________________________| | |L C Abbott, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |200 0 0 | |_____________________________________________________________________________| | |C D Cook, Supervisor, |Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney Ltd., |250 0 0 | |_____________________________________________________________________________| | |H L Dawson, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |100 0 0 | |_____________________________________________________________________________| | |O F Ebert, Supervisor,|Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney Ltd., Warren|150 0 0 | |_____________________________________________________________________________| | |A D Hickey, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |150 0 0 | |_____________________________________________________________________________| | |J P Le Lievre, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., Cobar|100 0 0 | |_____________________________________________________________________________| | |B W Loder, Supervisor,|Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney Ltd., |200 0 0 | |_____________________________________________________________________________| | |G E Metcalfe, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., Cooma|100 0 0 | |_____________________________________________________________________________| | |G E Mitchell, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |100 0 0 | |_____________________________________________________________________________| | |H G Moffitt, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |100 0 0 | |_____________________________________________________________________________| | |R S Moore, Supervisor,|Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney, Ltd., Young|200 0 0 | |_____________________________________________________________________________| | |D P McGee, Supervisor,|Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney, Ltd., West |500 0 0 | |_____________________________________________________________________________| | |E R Patston, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |100 0 0 | |_____________________________________________________________________________| | |R S Phillips, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., Yass |100 0 0 | |_____________________________________________________________________________| | |E J Pollock, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., |200 0 0 | |_____________________________________________________________________________| | |S H Short, Supervisor,|Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney, Ltd., West |100 0 0 | |_____________________________________________________________________________| | |H H Stitt, Supervisor,|Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney, Ltd., Moree|1,000 0 0 | |_____________________________________________________________________________| | |G P Turner, |Commercial Banking Co.| | |17 " 1933 |Supervisor, Farmers’|of Sydney, Ltd., Wagga|500 0 0 | |_____________________________________________________________________________| | |J S Wild, Supervisor, |Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney, Ltd., Henty|500 0 0 | |_____________________________________________________________________________| | |W Wilson, Supervisor, |Commercial Banking Co.| | |17 " 1933 |Farmers’ Relief |of Sydney, Ltd., |100 0 0 | |_____________________________________________________________________________| | |J F Auswild, |Commercial Banking Co.| | |14 Mar, 1934 |Supervisor, Farmers’|of Sydney, Ltd., Lake |1,000 0 0 | |_____________________________________________________________________________| | | |Commercial Banking Co.| | |14 " 1934 |" " " |of Sydney, Ltd., |1,000 0 0 | |_____________________________________________________________________________| | |J Boyd, Supervisor, |Bank of NSW, Peak Hill| | |5 April, 1934|Farmers’ Relief |Branch. |200 0 0 | |_____________________________________________________________________________| | |E H Graham, |Bank of NSW, Hillston | | |5 April, 1934|Supervisor, Farmers’|Branch. |2,000 0 0 | |_____________________________________________________________________________| | |G F Grill, Supervisor,|Bank of NSW, Manilla | | |5 " 1934 |Farmers’ Relief |Branch. |100 0 0 | |_____________________________________________________________________________| | |E Steel, Supervisor, |Bank of NSW, Cowra | | |5 " 1934 |Farmers’ Relief |Branch. |200 0 0 | |_____________________________________________________________________________| | |C C Brownhill, |Commercial Banking Co.| | |5 " 1934 |Supervisor, Farmers’|of Sydney, Ltd., |400 0 0 | |_____________________________________________________________________________| | |J G Muir, Supervisor, |Commercial Banking Co.| | |5 " 1934 |Farmers’ Relief |of Sydney, Ltd., |700 0 0 | |_____________________________________________________________________________| | |E H Sadgrove, |Commercial Banking | | |5 " 1934 |Supervisor, Farmers’|Co., of Sydney, Ltd., |200 0 0 | |_____________________________________________________________________________| | |W T Easdown, |Bank of NSW, | | |17 " 1934 |Supervisor, Farmers’|Coonabarabran Branch. |500 0 0 | |_____________________________________________________________________________| | |N J Hanlin, |Bank of NSW, | | |17 " 1934 |Supervisor, Farmers’|Condobolin Branch. |500 0 0 | |_____________________________________________________________________________| | |W J Kinross, |Bank of NSW, Inverell | | |17 " 1934 |Supervisor, Farmers’|Branch. |1,000 0 0 | |_____________________________________________________________________________| | |W J Green, Supervisor,|Bank of NSW, Forbes | | |1 May, 1934 |Farmers’ Relief |Branch. |400 0 0 | |_____________________________________________________________________________| | |W H Bentley, |Bank of NSW, Orange | | |15 " 1934 |Supervisor, Farmers’|Branch. |600 0 0 | |_____________________________________________________________________________| | |J Campbell, |Bank of NSW, Wagga | | |15 " 1934 |Supervisor, Farmers’|Wagga Branch. |750 0 0 | |_____________________________________________________________________________| | |H B Duff, Supervisor, |Bank of NSW, Mudgee | | |15 " 1934 |Farmers’ Relief |Branch. |200 0 0 | |_____________________________________________________________________________| | |F L Keyworth, |Bank of NSW, Dubbo | | |15 " 1934 |Supervisor, Farmers’|Branch. |750 0 0 | |_____________________________________________________________________________| | |J M McInnes, |Bank of NSW, Temora | | |15 " 1934 |Supervisor, Farmers’|Branch. |1,000 0 0 | |_____________________________________________________________________________| | |A Savage, Supervisor, |Bank of NSW, Griffith | | |15 " 1934 |Farmers’ Relief |Branch. |1,000 0 0 | |_____________________________________________________________________________| | |J A Lorimer, |Commercial Banking Co.| | |12 June, 1934|Supervisor, Farmers’|of Sydney, Ltd., |400 0 0 | |_____________________________________________________________________________| | |C T Pile, Supervisor, |Commercial Banking Co.| | |3 July, 1934 |Farmers’ Relief |of Sydney, Ltd., |150 0 0 | |_____________________________________________________________________________| | |F S McCarthy, |Commercial Banking Co.| | |17 " 1934 |Supervisor, Farmers’|of Sydney, Ltd., Yass |250 0 0 | |_____________________________________________________________________________| GOVERNMENT GUARANTEES ACT 1934 - NOTES Reprint history (since 1972): Reprint No 1 30 May 1974 Reprint No 2 5 July 1979 Reprint No 3 23 June 1982 Reprint No 4 19 September 1991 GOVERNMENT GUARANTEES ACT 1934 - NOTES Historical notes The following abbreviations are used in the Historical notes: ______________________________________________________________________ |______________________________________________________________________| |______________________________________________________________________| |______________________________________________________________________| |______________________________________________________________________| |______________________________________________________________________| |______________________________________________________________________| |______________________________________________________________________| This Act is reprinted with the omission of all amending provisions authorised to be omitted under sec 6 of the Reprints Act 1972. Table of amending instrumentsGovernment Guarantees Act 1934 No 57. Assented to 31.12.1934. This Act has been amended as follows: _____________________________________________________________________________ | | |Housing (Further Provisions) Act 1937. Assented to 17.12.1937. | |1937|No 27 | | |_____________________________________________________________________________| |1938|No 35 |Theatres, Public Halls and | |_____________________________________________________________________________| | | |Government Guarantees (Amendment) Act 1940. Assented to | |1940|No 15 |30.5.1940. | | | | | |_____________________________________________________________________________| | | |Farms Purchase Promotion Act 1941. Assented to 9.4.1941. | |1941|No 20 | | | | |Date of commencement, 1.8.1941, sec 1 (2) and GG No 97 of | |_____________________________________________________________________________| |1943|No 26 |Government Guarantees and Meat | |_____________________________________________________________________________| | | |Government Guarantees (Amendment) Act 1948. Assented to | |1948|No 17 |21.5.1948. | | | | | |_____________________________________________________________________________| |1964|No 61 |Government Guarantees (Amendment) | |_____________________________________________________________________________| | | |State Development and Country | | | |Industries Assistance Act 1966. Assented to 22.3.1966. | |1966|No 10 | | | | |Date of commencement, 1.5.1966, sec 1 (2) and GG No 43 of | |_____________________________________________________________________________| | | |Permanent Building Societies Act 1967. Assented to 23.3.1967. | |1967|No 18 | | | | |Date of commencement, 1.7.1967, sec 1 (2) and GG No 62 of | |_____________________________________________________________________________| |1968|No 23 |Government Guarantees (Amendment) | |_____________________________________________________________________________| | | |Hunter Valley Flood Mitigation and | | |No 52 |Hunter Valley Conservation Trust (Amendment) Act 1968. Assented | |_____________________________________________________________________________| | | |Meat Industry Authority Act 1970. Assented to 13.3.1970. | |1970|No 2 | | | | |Date of commencement, Part 6 excepted, 1.6.1971, sec 1 (2) and GG| |_____________________________________________________________________________| |1972|No 49 |Government Guarantees (Amendment) | |_____________________________________________________________________________| | | |Health Commission Act 1972. Assented to 23.11.1972. | | |No 63 | | | | |Date of commencement of Sch, Part 1, 30.4.1973, sec 2 (c) and GG | |_____________________________________________________________________________| | | |State Development and Country | | |No 65 |Industries Assistance and Government Savings Bank (Amendment) Act| | | | | |_____________________________________________________________________________| | | |Sydney Sports Ground and Sydney | | |No 80 |Cricket Ground Amalgamation (Amendment) Act 1972. Assented to | |_____________________________________________________________________________| |1973|No 64 |Government Guarantees (Amendment) | |_____________________________________________________________________________| | | |Miscellaneous Acts (Administrative Changes) Amendment Act (No 2) | | | |1975. Assented to 10.12.1975. | |1975|No 84 | | | | |Date of commencement of sec 6, 30.1.1976, sec 2 (2) and GG No 15 | |_____________________________________________________________________________| | | |Tourist Industry Development Act 1976. Assented to 27.10.1976. | |1976|No 58 | | | | |Date of commencement of sec 31, 1.12.1976, sec 2 (2) and GG No | |_____________________________________________________________________________| |1978|No 33 |Government Guarantees (Amendment) | |_____________________________________________________________________________| | | |Government Guarantees (Sydney Cricket and Sports Ground) | | | |Amendment Act 1978. Assented to 6.4.1978. | | |No 62 | | | | |Date of commencement of sec 3, 14.7.1978, sec 2 (2) and GG No 82 | |_____________________________________________________________________________| | | |Government Guarantees (Co-operation) Amendment Act | | | |1981. Assented to 6.4.1981. | |1981|No 6 | | | | |Date of commencement of sec 3, 10.4.1981, sec 2 (2) and GG No 54 | |_____________________________________________________________________________| | | |Miscellaneous Acts (Health Administration) Amendment Act | | | |1982 Assented to 15.12.1982. | |1982|No 138| | | | |Date of commencement of Sch 1, 17.12.1982, sec 2 (2) and GG No | |_____________________________________________________________________________| | | |Government Guarantees (Tourism Commission) Amendment Act | | | |1984. Assented to 13.6.1984. | |1984|No 48 | | | | |Date of commencement of sec 3, 1.2.1985, sec 2 (2) and GG No 23 | |_____________________________________________________________________________| |1985|No 22 |Government Guarantees (Amendment) | |_____________________________________________________________________________| |1986|No 16 |Statute Law (Miscellaneous | |_____________________________________________________________________________| | | |Statute Law (Miscellaneous Provisions) Act (No 1) | | | |1987. Assented to 28.5.1987. | |1987|No 48 | | | | |Date of commencement of Sch 32, except as provided by sec 2 (13),| |_____________________________________________________________________________| | | |Co-operation (Indemnities and Guarantees) Amendment Act | | | |1987. Assented to 16.12.1987. | | |No 247| | | | |Date of commencement of sec 4, 1.6.1988, sec 2 (1) and GG No 91 | |_____________________________________________________________________________| | | |Home Care Service (Amendment) Act 1990. Assented to 4.12.1990. | |1990|No 76 | | | | |Date of commencement, 1.2.1991, sec 2 and GG No 18 of 25.1.1991, | |_____________________________________________________________________________| | | |Grain Marketing Act | | | |1991. Assented to 3.5.1991. | |1991|No 15 | | | | |Date of commencement of Sch 4, 12.7.1991, sec 2 (1) and GG No 106| |_____________________________________________________________________________| | | |Statute Law (Miscellaneous Provisions) Act 1992. Assented to | | | |18.5.1992. | |1992|No 34 | | | | |Date of commencement of the provisions of Sch 1 relating to the | | | |Government Guarantees Act 1934, 10.7.1992, Sch 1 and GG No 87 of | |_____________________________________________________________________________| | | |Statute Law Revision (Local Government) Act | | | |1995. Assented to 9.6.1995. | |1995|No 11 | | | | |Date of commencement of the provision of Sch 1 relating to the | | | |Government Guarantees Act 1934, 23.6.1995, sec 2 (1) and GG No 77| |_____________________________________________________________________________| | | |Statute Law (Miscellaneous Provisions) Act (No 2) | | |No 99 |1995. Assented to 21.12.1995. | | | | | |_____________________________________________________________________________| | | |Financial Institutions (Miscellaneous Amendments) Act | | | |1996. Assented to 21.6.1996. | |1996|No 24 | | | | |Date of commencement, 12.7.1996, sec 2 and GG No 84 of 12.7.1996,| |_____________________________________________________________________________| | | |Friendly Societies (New South Wales) Act 1997. Assented to | | | |21.5.1997. | |1997|No 11 | | | | |Date of commencement, 1.10.1997, sec 2 and GG No 104 of | |_____________________________________________________________________________| | | |Health Services Act | | | |1997. Assented to 19.12.1997. | | |No 154| | | | |Date of commencement, 1.7.1998, sec 2 and GG No 97 of 26.6.1998, | |_____________________________________________________________________________| | | |Statute Law (Miscellaneous Provisions) | |1999|No 31 |Act 1999. Assented to 7.7.1999. | | | | | |_____________________________________________________________________________| | | |Corporations (Consequential | | | |Amendments) Act 2001. Assented to 28.6.2001. | |2001|No 34 | | | | |Date of commencement of Sch 2.24, 15.7.2001, sec 2 (1) and | |_____________________________________________________________________________| | | |Statute Law (Miscellaneous | |2008|No 114|Provisions) Act (No 2) 2008. Assented to 10.12.2008. | | | | | |_____________________________________________________________________________| This Act has also been amended pursuant to an order under secs 8 (2) and 9 (3) of the Reprints Act 1972 No 48 (formerly Acts Reprinting Act 1972). Order dated 2.4.1974, and published in GG No 59 of 24.5.1974, p 1953, declaring that the Government Guarantees Act 1934 is an enactment to which sec 8 (2) and sec 9 (3) of the Acts Reprinting Act 1972 apply. Table of amendmentsNo reference is made to certain amendments made by the Reprints Act 1972, and Schedule 3 (amendments replacing gender- specific language) to the Statute Law (Miscellaneous Provisions) Act (No 2) 1995. _____________________________________________________________________________ |_____________________________________________________________________________| |_____________________________________________________________________________| | |Am 1937 No 27, secs 6 (1) (a) (3), 7 (3) (a); 1938 No 35, sec 7 | | |(2); 1940 No 15, sec 2 (1) (a); 1941 No 20, sec 3 (1) (a); 1943 No| | |26, sec 2; 1948 No 17, sec 2 (1) (a); 1964 No 61, sec 2 (a) (b); | | |1967 No 18, sec 123 (1) (a); 1968 No 23, sec 2; 1968 No 52, sec 4;| | |1970 No 2, sec 53; 1972 No 49, sec 2 (c); 1972 No 63, Sch; 1972 No| |Sec 3 |80, sec 3; 1973 No 64, sec 2; 1975 No 84, sec 6; 1978 No 33, sec | | |2; 1978 No 62, sec 3; 1981 No 6, sec 3 (a); 1982 No 138, Sch 1; | | |1985 No 22, sec 2; 1986 No 16, Sch 23; 1987 No 247, sec 4 (a)– | | |(c); 1990 No 76, Sch 2; 1991 No 15, Sch 4; 1992 No 34, Sch 1; 1996| | |No 24, Sch 1; 1997 No 11, Sch 1.9 [1] [2]; 1997 No 154, Sch 6.14 | |_____________________________________________________________________________| |_____________________________________________________________________________| |Sec 3A |Ins 1966 No 10, sec 37. Am 1972 No 49, sec 2 (e); 1972 No 65, sec | |_____________________________________________________________________________| |_____________________________________________________________________________| | |Am 1937 No 27, secs 6 (1) (b), 7 (3) (b); 1940 No 15, sec 2 (1) | | |(b); 1941 No 20, sec 3 (1) (b); 1948 No 17, sec 2 (1) (b); 1964 No| |Sec 4 |61, sec 2 (c); 1967 No 18, sec 123 (1) (b); 1972 No 49, sec 2 (f);| | |1972 No 63, Sch; 1992 No 34, Sch 1; 1996 No 24, Sch 1; 1997 No 11,| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________| |_____________________________________________________________________________|