Supreme Court Library Fund (Investment) (Amendment) Rules 1996
i
Supreme Court Library Fund (Investment)
(Amendment) Rules 1996
S.R. No. 58/1996
TABLE OF PROVISIONS
Regulation Page
1. Object 1
2. Authorising provisions 1
3. Principal Rules 1
4. Amendment of Rule 7 1
5. Amendment of Rule 8 1
6. Substitution of Rule 9 2
9. Investments 2
7. Revocation of Rule 10 2
8. Revocation of Rule 13 2
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NOTES 4
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1
STATUTORY RULES 1996
S.R. No. 58/1996
Supreme Court Act 1986
Supreme Court Library Fund (Investment)
(Amendment) Rules 1996
The Judges of the Supreme Court make the following Rules:
1. Object
The object of these Rules is to make
miscellaneous amendments to the Principal Rules.
2. Authorising provisions
These Rules are made under section 25 of the
Supreme Court Act 1986 and all other enabling
powers.
3. Principal Rules
In these Rules, the Supreme Court Library Fund
(Investment) Rules 19921 are called the Principal
Rules.
4. Amendment of Rule 7
Rule 7(3) of the Principal Rules is revoked.
5. Amendment of Rule 8
In Rule 8(3) of the Principal Rules—
(a) for "sharebroker of at least ten years'
standing who is a member of the Australian
Stock Exchange" substitute "member of the
Australian Stock Exchange of at least ten
years' standing";
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(b) in sub-paragraph (a) omit "having regard to
the principles set out in paragraph (2)"; and
(c) for sub-paragraph (b) substitute—
"(b) to review—
(i) at least once in each year, the
performance (individually and as
a whole) of the securities in which
the Investment Fund is invested;
and
(ii) the investments made by the
Investment Committee as
occasion requires—
and in each case to recommend any
desirable changes.".
6. Substitution of Rule 9
For Rule 9 of the Principal Rules substitute—
"9. Investments
The Investment Fund shall be invested in
securities in accordance with the provisions
of the law of the State of Victoria relating to
the investment of trust funds."
7. Revocation of Rule 10
Rule 10 of the Principal Rules is revoked.
8. Revocation of Rule 13
Rule 13 of the Principal Rules is revoked.
Dated: 27 June 1996
J. H. PHILLIPS, C.J.
ROBERT BROOKING, J.A.
K. M. HAYNE, J.A.
STEPHEN CHARLES, J.A.
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F. H. CALLAWAY, J.A.
H. NATHAN, J.
F. H. R. VINCENT, J.
BERNARD G. TEAGUE, J.
P. D. CUMMINS, J.
ALLAN W. McDONALD, J.
T. H. SMITH, J.
JOHN J. HEDIGAN, J.
DAVID BYRNE, J.
D. L. HARPER, J.
G. M. EAMES, J.
H. R. HANSEN, J.
PHILIP MANDIE, J.
ROSEMARY BALMFORD, J.
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NOTES
1 S.R. No. 212/1992 as amended by S.R. No. 24/1995.
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