Document ID: chunk:federal_register_of_legislation:C2004A00188:body:0:p6
Version: federal_register_of_legislation:C2004A00188
Segment Type: other
Provision Reference: 
Character Range: 12595–15194

jurisdiction with respect to offences against the laws of Australia has effect, in relation to offences against the regulations made under section 39 of this Act not committed within any State, as if that jurisdiction were so invested without limitation as to locality.

"(3) Subject to the Constitution, jurisdiction is conferred on the several courts of a Territory, within the limits of their several jurisdictions other than limits as to locality, with respect to offences against the regulations made under section 39 not committed within a State or within another Territory.

"(4) the trial on indictment of an offence against the regulations made under section 39 not committed within a State may be held by a court of competent jurisdiction at any place where the court may sit.

Granting of authorities by Reserve Bank subject to taxation clearance.
"39b. (1) Where regulations made under section 39 contain a provision prohibiting the doing of an act or thing without the authority of the Reserve Bank and an application is made to the Bank for the authority of the Bank to do that act or thing, then—

    (a) if the act or thing is of a kind specified in a notice in force under sub-section (2) of this section—the Bank shall not grant that authority unless there is produced to the Bank, in respect of that act or thing, a tax clearance certificate issued under section 14c of the Taxation Administration Act 1953-1974 in respect of that act or thing; or
(b) In any other case—the Bank may refuse to grant that authority unless there is produced to the Bank such a certificate,

But the foregoing shall not be taken as limiting the discretion of the Bank to refuse to grant any such authority on any other ground.

"(2) The Treasurer may, by notice in writing published in the Gazette, direct that acts or things of a kind specified in the notice are, on and after the date of publication of the notice or such later date as is specified in the notice, acts or things of a kind to which this section applies."

Saving of Banking (Foreign Exchange) Regulations.
4. (1) Notwithstanding the repeal of Part III of the Principal Act effected by section 3 of this Act—
    (a) the Banking (Foreign Exchange) Regulations as in force, or purporting to be in force, immediately before the commencement of this Act shall, after the commencement of this Act, continue in force, and be as valid and effectual, as if they had been made under section 39 of the Principal Act as amended by this Act, and may be amended or repealed by regulations under that section; and
    (b) Any instrument in force