Snowy Mountains Engineering Corporation (Conversion into Public Company) Act 1989 (Cth)

Snowy Mountains Engineering Corporation (Conversion into Public Company) Act 1989

No. 66 of 1989

TABLE OF PROVISIONS PART I—PRELIMINARY Section 1. Short title 2. Commencement

PART II—AMENDMENTS OF THE SNOWY MOUNTAINS ENGINEERING CORPORATION ACT 1970

3. Principal Act 4. Title 5. Insertion of new sections: 3. Interpretation 3a. Operating under a name 3b. Subsidiaries 3c. Operation of Act 3d. Extension to external Territories 6. Repeal of sections 4 and 5 7. Repeal of Part II 8. Heading to Part III 9. Additional functions 10. Repeal of section 18 and substitution of section: 18. Additional powers 11. Insertion of new Part:

PART IIIa—CREATION OF CAPITAL STRUCTURE AND OTHER STEPS PRIOR TO CONVERSION OF SMEC INTO A PUBLIC COMPANY

18a. Share capital of SMEC 18b. Issue of shares

TABLE OF PROVISIONS—continued Section 18c. SMEC to apply to be registered as company etc. 18d. New name of SMEC 12. Repeal of Parts IV and V and insertion of new Part: PART IV—CONVERSION OF SMEC INTO A PUBLIC COMPANY 19. Effect of Part—summary 20. SMEC taken to be registered under Companies Act 21. Memorandum and articles of SMEC 22. Membership of SMEC 23. Application of certain provisions of Companies Act 24. Accounting records 25. Accounts 26. Operation of section 25b of Acts Interpretation Act 13. Insertion of new Parts: PART Va—USE OF CERTAIN NAMES 39a. Protected body may operate under protected company name 39b. Protected body may operate under protected business name 39c. Other persons not to use protected names 39d. Exceptions for pre-existing rights 39e. Use of other names by protected bodies 39f. Effect on State and Territory laws PART Vb—STAFF MATTERS 39g. Employment of staff members continues after transition 39h. Act not to affect certain matters relating to staff members 39j. Effect of sections 39g and 39h 39k. Variation of terms and conditions of employment 39l. Application of Part IV of Public Service Act PART Vc—TAXATION MATTERS 39m. Interpretation 39n. Exemptions relating to exempt matters 39p. Authorised person may certify in relation to exemptions 39q. SMEC taken to have had share capital for purposes of Income Tax Assessment Act 14. Repeal of Part VI 15. Repeal of sections 51 to 54 (inclusive) and substitution of sections: 51. SMEC not public authority etc. 52. Judicial notice of SMEC's seal 53. Compensation for acquisition of property 54. Public Works Committee Act 54a. Lands Acquisition Act 54b. Additional powers and functions under State laws PART III—CONSEQUENTIAL AMENDMENTS OF OTHER ACTS 16. Consequential amendments SCHEDULE CONSEQUENTIAL AMENDMENTS OF OTHER ACTS