Commonwealth Numbered Regulations - Explanatory Statements

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ABORIGINAL AND TORRES STRAIT ISLANDER REGULATIONS 1992 NO. 122

STATUTORY RULES 1992 No. 122

Issued by the Authority of the Minister of State for Aboriginal and Torres Strait Islander Affairs

Aboriginal and Torres Strait Islander Commission Act 1989

Aboriginal and Torres Strait Islander Regulations

These Regulations were made under section 201 of the Aboriginal and Torres Strait Islander Commission Act 1989 (the Act).

Division 2 of Part 2 of the Act empowers the Commission to make loans and grants to Aboriginal persons, Torres Strait Islanders and eligible corporations and to give guarantees to those persons and corporations.

Section 22 of the Act provides that the Commission shall not approve a loan, grant or guarantee under Division 2 of Part 2 of the Act unless the Commission has received a written application in the prescribed form for the loan grant or guarantee.

Section 201 of the Act empowers the Governor-General to make regulations required or permitted by the Act to be prescribed.

The attached Statutory Rules make new Regulations which prescribe forms of application for funding for loans, grants and guarantees.

The Statutory Rules took effect from the date of notification in the Gazette.