Christmas Island Agreement Act 1976 (Cth)

Christmas Island Agreement Act 1976

No. 118, 1976

An Act to approve an Agreement entered into between the Government of Australia and the Government of New Zealand to amend the Christmas Island Agreement 1958

Contents 1 Short title 2 Commencement 3 Approval Schedule—Agreement between the Government of Australia and the Government of New Zealand to amend the Christmas Island Agreement 1958

Christmas Island Agreement Act 1976

No. 118, 1976

An Act to approve an Agreement entered into between the Government of Australia and the Government of New Zealand to amend the Christmas Island Agreement 1958

[Assented to 18 November 1976]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Christmas Island Agreement Act 1976.

2 Commencement This Act shall come into operation on the day on which it receives the Royal Assent.

3 Approval The agreement a copy of which is set out in the Schedule is approved.

Schedule—Agreement between the Government of Australia and the Government of New Zealand to amend the Christmas Island Agreement 1958

Section 3

The Government of Australia and the Government of New Zealand— desiring to revise in part the Christmas Island Agreement 1958 (hereinafter referred to as "the Principal Agreement") have agreed as follows:

Article 1

Article 6 of the Principal Agreement is amended:

(a) by omitting paragraph 3 and inserting in its stead the following paragraph:

"3. After the expenses referred to in paragraph 1 of this Article together with interest thereon as provided in that paragraph have been recouped, the Commission shall create a special fund (in this Article called the "fund") for the purpose of accumulating moneys to meet the cost of discharging from time to time those obligations towards the inhabitants of the Island which, and such other residual liabilities as, the two Governments agree are of a special nature and fall upon the Government of Australia.", and