Commonwealth Aluminium Corporation Pty. Limited Agreement Act 1957 (Qld)

Commonwealth Aluminium Corporation Pty. Limited Agreement Act 1957

An Act with respect to an agreement between the State of Queensland and Commonwealth Aluminium Corporation Pty. Limited; and for purposes incidental thereto and consequent thereon

1 Short title This Act may be cited as the Commonwealth Aluminium Corporation Pty. Limited Agreement Act 1957.

2 Execution of agreement authorised The Premier and Chief Secretary is hereby authorised to make, for and on behalf of the State, with Commonwealth Aluminium Corporation Pty. Limited, a company duly incorporated in the said State and having its registered office at 240 Queen Street, Brisbane, in the said State, the agreement a copy of which is set out in schedule 1 (the agreement). Note— Since the making of the agreement, Commonwealth Aluminium Corporation Pty. Limited has changed its name to Rio Tinto Aluminium Limited.

3 Executed agreement to have force of law 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.

4 Variation of agreement (1) The agreement may be varied only— (a) by further agreement between the State and the other parties to the agreement; and (b) under the authority of an Act. (2) A variation of the agreement purported to be made other than under subsection (1) is of no effect. (3) The Minister must notify the date of the making of each further agreement by gazette notice. (4) The agreement as varied has the force of law as if it were an enactment of this Act.

4A Application of GST to rents after 30 June 2005 (1) This section applies to rent payable after 30 June 2005 under— (a) this Act; or (b) the agreement; or (c) a lease granted under, or mentioned in, the agreement. (2) If the rent is for a supply for which GST is payable, the rent payable is the total of— (a) the rent that would have been payable if the rent were not for a supply for which GST is payable; and (b) 10% of the rent that would have been payable if the rent were not for a supply for which GST is payable. (3) Subsection (2) applies despite— (a) sections 2 to 4; or (b) the agreement; or (c) the Mineral Resources Act 1989. (4) A reference in this section to the agreement includes any amendment of the agreement.