INVESTMENT CONTROL
Since the introduction in Australia of the investment control regulations, which prevent applications for capital for industry without the permission of the Treasurer, a number of, company registration notices have been issued, in which it has been stated that the Treasurer's consent to the issue of shares or borrowing of money has been obtained. The Acting Treasurer, Mr. Spender, has issued a warning to the effect that any such advertisement, in which the reference might indicate that the Commonwealth Government endorsed the project of the company, was illegal: The regulations provide that if reference is made to the Treasurer, it must also be specifically stated that this reference is not a guarantee of the actual or, probable financial stability for the success of the enterprise for which funds are being sought;
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19391130.2.152.23
Bibliographic details
Evening Post, Volume CXXVIII, Issue 131, 30 November 1939, Page 16
Word Count
133INVESTMENT CONTROL Evening Post, Volume CXXVIII, Issue 131, 30 November 1939, Page 16
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