the 4th Light Horse was as part of the 4th Light Horse Brigade, the charge at the Battle of Beersheba on 31 October 1917, where 800 Australian lighthorsemen took the town and crucial wells of Beersheba. This action is commemorated each year by the serving soldiers of the regiment. The regiment assumed its present name in 1949. It was initially a part of the 2nd Armoured Brigade and was equipped with General Grant Tanks. there were squadrons at Coburg, Ararat, Colac, Horsham and Warrnambool. in 1952, a re-organisation took place and the squadrons were located at Coburg, Seymour and Wangaratta. Later the regiment was concentrated in the Melbourne Area and begun to train with Centurion tanks. When National Service Training was abolished in 1958 the Army re-organised on the Pentropic Divisional Establishment. The regiment retained its title and locale but its role was changed to that of a Reconnaissance Regiment equipped with light-skinned vehicles (Ferret Scout Cars, Saracen APC's and Staghound Armoured Cars). It was also assigned the CMF depots at Sale and Bairnsdale which had previously been used by 8th/13th Victorian Mounted Rifles. Later, in 1965, the regiment added the former gunners at Traralgon to its Country Squadron. In 1960, a regular squadron, A Squadron, was added to the regiment. In 1965, this was removed from the regiment's order of battle—Number 1 Troop was used as the nucleus in the formation of 1st Armoured Personnel Carrier Troop during its deployment to Vietnam, while the rest of the squadron was used to form 2nd Cavalry Regiment. Later, 1 APC Sqn would be used to form the 3rd Cavalry Regiment. In the early 1970s, the regiment was equipped with M113A1 APCs. The regiment at this stage consisted of RHQ, a sabre squadron (B) in Melbourne and a sabre squadron (C, later A) in Sale, Traralgon and Bairnsdale. Both Sabre squadrons and reconnaissance and, later, cavalry roles. For a time in the early 1970s, B Squadron trained as an APC squadron. The latter years of the 20th century for the regiment were a time of depot closures and relocations. Many of the old drill halls were sold off by Defence as a part of a program of upgrading accommodation and locating units more appropriately. The unit vacated country depots at Traralgon, Bairnsdale, Kyneton and Sale. After the Sale squadron moved to the new quarters which it currently operates out of at RAAF