New South Wales Consolidated Acts

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MORATORIUM ACT 1932 - SECT 49

Duration of Part 2

49 Duration of Part 2

(cf Act No 48, 1930, s 24)
The provisions of Part 2 of this Act shall continue in force until the twenty-eighth day of February, one thousand nine hundred and fifty-two, and thereafter until such time as the Governor notifies by proclamation published in the Gazette that he is satisfied that the prescribed dates for repayment in respect of all mortgages to which such Part applies have been reached and that any extended period allowed by a court upon application made under the said Part has expired:
Provided that after the twenty-eighth day of February, one thousand nine hundred and fifty-two, the provisions of the said Part shall apply only to a mortgage the prescribed date for repayment of which has not been reached and to a mortgage in respect of which a court has in pursuance of the said Part made an order extending the date of repayment.



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