Commonwealth Numbered Regulations - Explanatory Statements

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COMMON FUND FOR COMMODITIES (PRIVILEGES AND IMMUNITIES) REGULATIONS (REPEAL)1997 NO. 259

EXPLANATORY STATEMENT

Statutory Rules 1997 No. 259

Issued by the authority of the Minister for Foreign Affairs

International Organizations (Privileges and Immunities) Act 1963

Common Fund for Commodities (Privileges and Immunities) Regulations (Repeal)

Section 13 of the International Organizations (Privileges and Immunities) Act 1963 (the Act) provides that the Governor-General may make regulations for the purposes of the Act.

The purpose of this amendment is to withdraw privileges and immunities granted in Australia to the Common Fund for Commodities as Australia has withdrawn its membership from the Fund. To achieve this the Regulations have been repealed.


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