Commonwealth Inscribed Stock (Maximum Total Face Value of Stock and Securities) Amendment Direction 2020

I, Josh Frydenberg, Treasurer, give the following direction.

Dated 30 September 2020

Josh Frydenberg

Treasurer

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Commonwealth Inscribed Stock (Maximum Total Face Value of Stock and Securities) Direction 2020

1  Name

  This instrument is the Commonwealth Inscribed Stock (Maximum Total Face Value of Stock and Securities) Amendment Direction 2020.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under the Commonwealth Inscribed Stock Act 1911.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Commonwealth Inscribed Stock (Maximum Total Face Value of Stock and Securities) Direction 2020

1  Section 6

Omit “$850,000,000,000”, substitute “$1,200 billion”.