keep National Security (War Damage to Property) Regulations
The instrument provides regulatory arrangements concerning property damage occurring during wartime or war-like situations, likely establishing compensation mechanisms, repair obligations, or procedural requirements for affected property owners under national security contexts. Registered in 2014.
Without this instrument, Australians with war-damaged property would lose access to any structured compensation or repair frameworks, potentially facing ad-hoc government responses that are costlier and less predictable. While regulatory, this instrument addresses a specific, exceptional circumstance (wartime property damage) that markets cannot self-correct and that requires coordinated government action. Deletion would leave affected property owners worse off with no clear alternative remedy.