Export Payments Insurance Corporation Act 1973

No. 15 of 1973

 

AN ACT

To amend Section 28 of the Export Payments Insurance Corporation Act 19561972.

[Assented to 11 April 1973]

BE IT ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:—

Short title and citation.

1. (1) This Act may be cited as the Export Payments Insurance Corporation Act 1973.

(2) The Export Payments Insurance Corporation Act 19561972, as amended by this Act, may be cited as the Export Payments Insurance Corporation Act 19561973.

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 Export Payments Insurance Corporation Act 19561972 is amended by omitting from sub-section (1) the words Five hundred million dollars and substituting the words Seven hundred and fifty million dollars.