Australian National Railways Commission Sale Act 1997 (Cth)

Australian National Railways Commission Sale Act 1997

Act No. 96 of 1997 as amended

This compilation was prepared on 20 July 2000 taking into account amendments up to Act No. 74 of 2000

The text of any of those amendments not in force on that date is appended in the Notes section

Prepared by the Office of Legislative Drafting, Attorney‑General's Department, Canberra

Contents 1 Short title [see Note 1]........................... 2 Commencement [see Note 1]....................... 3 Schedule(s)..................................

Schedule 1—Insertion of new Part VA in the Australian National Railways Commission Act 1983

Part VA—Transfer of assets of Commission Division 1—Preliminary 67AA Purpose of Part................................ 67AB Simplified outline.............................. 67AC Interpretation................................. Division 2—Transfer of assets, liabilities, rights and obligations of Commission 67AD Minister for Finance may direct Commission to sell or transfer assets 67AE Transfer of assets by declaration..................... 67AF Transfer of contractual rights and obligations by declaration..... 67AG Transfer of liabilities by declaration................... 67AH Commonwealth guaranteed liabilities of the Commission....... 67AJ Consideration................................. Division 3—Contracts 67AK Commission may enter into contracts................... 67AL Minister for Finance may direct Commission to enter into contracts. Division 4—Transfers by the Commonwealth 67AM Transfer of assets.............................. 67AN Transfer of contractual rights and obligations.............. 67AP Transfer of liabilities............................ 67AQ Consideration................................. Division 5—Proceeds of asset transfers to be paid to the Commonwealth 67AR Proceeds of asset transfers to be paid to the Commonwealth..... Division 6—Tax exemption 67AS Exemption from stamp duty and other taxes............... Division 7—Commonwealth takeover of contractual rights and obligations and other liabilities 67AT Commonwealth takeover of certain contractual rights and obligations and other liabilities of the Commission 67AU Commonwealth takeover of certain liabilities of the Commission.. 67AV Authorisation of payments......................... 67AW Appropriation................................ 67AX Application of the Loans Securities Act 1919 Division 8—Commission and others to assist the implementation of this Part 67AY Implementation of this Part......................... 67AZ Assistance given by Commission and Commissioners in connection with the implementation of this Part 67AZA Giving of assistance—ancillary provisions............... 67AZB Use of information by the Commonwealth or the Commission.... 67AZC Agreements relating to the protection of information.......... Division 9—Injunctions 67AZD Injunctions.................................. 67AZE Interim injunctions............................. 67AZF Discharge etc. of injunctions........................ 67AZG Certain limits on granting injunctions not to apply........... 67AZH Other powers of the court unaffected................... Division 10—Miscellaneous 67AZJ Transfers of Commission land may be registered............ 67AZK This Part does not modify registers kept by land registration officials 67AZL Lands Acquisition Act 1989 does not apply to this Part........ 67AZM Certificates in relation to assets other than land............. 67AZN Minister may sell shares in sale company................ 67AZP Legislative Instruments Act does not apply to this Part........ 67AZQ Operation of Australian Land Transport Development Act 1988 67AZR Minister may enter into certain agreements with States........ 67AZS Compensation—constitutional safety net................. 67AZT Transfer of pending proceedings..................... 67AZU Operation of this Part does not place a person in breach of contract etc. 67AZV Delegation.................................. 67AZW Commonwealth records........................... 67AZX This Part does not authorise the imposition of taxation........