Australian Airlines (Conversion to Public Company) Act 1988 (Cth)

Australian Airlines (Conversion to Public Company) Act 1988

Act No. 6 of 1988 as amended

This compilation was prepared on 7 November 2012 taking into account amendments up to Act No. 136 of 2012

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

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

Prepared by the Office of Parliamentary Counsel, Canberra

Contents

Part I—Preliminary 1 Short title [see Note 1]........................... 2 Commencement [see Note 1]....................... 3 Extension to Territories........................... 4 This Act has effect despite Airlines Act.................

Part II—Interpretation 5 Interpretation................................. 6 Minister may nominate holding company................ 7 New group companies........................... 9 Subsidiaries..................................

Part III—Capital structure of the Australian Airlines group 10 Share capital of transferring body..................... 11 Issue of shares in transferring body....................

Part IV—Conversion of Australian Airlines to public company 15 Deemed registration under Companies Act............... 16 New name of transferring body...................... 17 Memorandum and articles of transferring body............. 18 Membership of transferring body..................... 19 Application of certain provisions of Companies Act.......... 20 Accounting records............................. 21 Accounts................................... 22 Operation of section 25B of Acts Interpretation Act..........

Part VI—Staff matters 29 Employment of staff members continues after transition....... 30 This Act not to affect certain matters relating to staff members.... 31 Effect of sections 29 and 30........................ 32 Variation of terms and conditions.....................