Export Payments Insurance Corporation

No. 33 of 1971

An Act relating to certain Contingent Liabilities of the Export Payments Insurance Corporation.

[Assented to 17 May 1971]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Export Payments Insurance Corporation Act 1971.

(2.) The Export Payments Insurance Corporation Act 1956–1970, as amended by the Salaries Act 1971, is in this Act referred to as the Principal Act.

(3.) The Second Schedule to the Salaries Act 1971 is amended by omitting the words and figures—

(4.) The Principal Act, as amended by this Act, may be cited as the Export Payments Insurance Corporation Act 1956-1971.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Maximum contingent liability.

3. Section 28 of the Principal Act is amended by omitting from sub-section (1.) the words “Three hundred” and inserting in their stead the words “Five hundred”.