Commonwealth Numbered Regulations - Explanatory Statements

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DEFENCE (RE-ESTABLISHMENT LOANS) REPEAL REGULATIONS 2001 2001 NO. 324

STATUTORY RULES 2001 No. 324

Issued by the Authority of the Minister for Veterans' Affairs

Defence Legislation Amendment (Enhancement of the Reserves and Modernisation) Act 2001

Defence (Re-establishment Loans) Repeal Regulations 2001

Item 10 of Part 2 of Schedule 3 to the Defence Legislation Amendment (Enhancement of the Reserves and Modernisation) Act 2001 (the Act) provides that regulations may make provision, in relation to, among other things, the repeal of the Defence (Re-establishment) Act 1965 (the Re-establishment Act).

The purpose of the Regulations is to repeal the Defence (Re-establishment Loans) Regulations made under the Re-establishment Act, which has been repealed by the Act. The scheme which was in place under the Re-establishment Act and its Regulations has been replaced by a new scheme under the Act and the Defence Reserve Service (Protection) Regulations 2001 which provides access to loans and guarantees by members of the Defence Force who have rendered certain kinds of defence service.

Details of the Regulations are set out in the Attachment.

The Regulations commenced on gazettal.

ATTACHMENT

DEFENCE (RE-ESTABLISHMENT LOANS) REPEAL REGULATIONS

Regulation 1 names the Regulations as the Defence (Re-establishment Loans) Repeal Regulations 2001.

Regulation 2 provides that the Regulations commenced on gazettal.

Regulation 3 repeals the following Statutory Rules -

•       1967 Nos 102 and 174. Statutory Rule No. 102 was the original Defence (Re-establishment Loans) Regulations. Statutory Rule No. 174 repealed and amended Regulation 7 to provide that certain loans did not bear interest. It also included the prescribed rate of interest in relation to a loan.

•       1973 Nos 53 and 286. Statutory Rule No. 53 provided for "prescribed authorities" for the purposes of the Regulations. Statutory Rule No. 286 amended the definition provisions in the Regulations.

•       1975 No. 43. This Statutory Rule amended the definition provisions and also increased the amount of a loan available under the Regulations.

•       1978 No. 204. This Statutory Rule prescribed various forms of primary production for the purposes of the Regulations.

•       1982 No. 112. This Statutory Rule amended the definition provisions.

•       1986 No. 231. This Statutory Rule amended the definition provisions in the Regulations.