Thiess Peabody Coal Pty. Ltd. Agreement Act 1962 (Qld)

Thiess Peabody Coal Pty. Ltd. Agreement Act 1962

An Act with respect to an agreement between the State and Thiess Peabody Coal Pty. Ltd.; and for purposes incidental thereto and consequent thereon

1 Short title This Act may be cited as the Thiess Peabody Coal Pty. Ltd. Agreement Act 1962.

2 Execution of agreement authorised The Premier and Chief Secretary is hereby authorised to make, for and on behalf of the State, with Thiess Peabody Coal Pty. Ltd., a company duly incorporated in the said State and having its registered office at M.L.C. Building, Adelaide and Edward Streets, Brisbane, in the said State (the company) the agreement, a copy of which is set out in the schedule (the agreement).

3 Executed agreement to have force of law (1) Upon the making of the agreement the provisions thereof shall have the force of law as though the agreement were an enactment of this Act. (2) The Governor in Council shall by proclamation notify the date of the making of the agreement. Editor's note— The agreement was made on 19 December 1962 (see proc pubd gaz 19 January 1963 p 201).

4 Variation of agreement (1) The agreement may be varied pursuant to agreement between the Minister for the time being administering this Act and the company with the approval of the Governor in Council by order in council and no provision of the agreement shall be varied nor the powers and rights of the company under the agreement be derogated from except in such manner. (2) Any purported alteration of the agreement not made and approved in such manner shall be void and of no legal effect whatsoever. (3) Unless and until the Legislative Assembly, pursuant to section 5(4), disallows by resolution an order in council approving a variation of the agreement made in such manner, the provisions of the agreement making such variation shall have the force of law as though such lastmentioned agreement were an enactment of this Act.