SLA tA, Ba SEN C8 ++ AUDAX : AT: FIDELIS ++ Queensland TAB Queensland Limited Privatisation Legislation Amendment Bill 2004 Queensland TAB Queensland Limited Privatisation Legislation Amendment Bill 2004 Contents Page Part 1 Preliminary 1 Shorttitle 2.0... eee 4 2 Commencement. ... 0.0... 500 cece eee eee Part 2 Amendment of TAB Queensland Limited Privatisation Act 3 Act amended in pt2..... 0.0... cece eee 4 4 Replacement of s 43 (Application of pt5) ................2. 4 43 Application of pt5..............0...... 0c eee 4 5 Amendment of s 44 (TABQ group companies to have constitutions containing certain provisions) ................. 5 6 Amendment of s 50 (Pt 5 overrides Corporations Law)........ 5 7 Amendment of schedule (Dictionary)...................0.. 6 Part 3 Amendment of Gambling Legislation Amendment Act 2004 8 Act amended in pt3........ 2.0... cece eee 6 9 Omission of pt 8 (Amendment of TAB Queensland Limited Privatisation Act 1999) .......... 0... eee eee ee 6 Part 4 Repeal of Act A Bill for An Act to amend the TAB Queensland Limited Privatisation Act 1999 and for other purposes Clause Clause Clause Clause sl 4 s4 TAB Queensland Limited Privatisation Legislation Amendment Bill 2004 The Parliament of Queensland enacts— Part 1 Preliminary 1 Short title This Act may be cited as the TAB Queensland Limited Privatisation Legislation Amendment Act 2004. 2 Commencement (1) Part 2, other than section 5(2), commences on 5 November 2004. (2) Section 5(2) commences on | January 2005. Part 2 Amendment of TAB Queensland Limited Privatisation Act 1999 3 Act amended in pt 2 This part amends the TAB Queensland Limited Privatisation Act 1999. 4 Replacement of s 43 (Application of pt 5) Section 43— omit, insert— '43 Application of pt 5 'This part applies only to a TABQ group company that is— (a) a licensed monitoring operator under the Gaming Machine Act 1991; or ns Oo ON a ns oWmnnNnan 22 s5 Clause 5 Clause 6 5 s6 TAB Queensland Limited Privatisation Legislation (b) Amendment Bill 2004 a wagering licensee or a wagering manager under the Wagering Act 1998.'. Amendment of s 44 (TABQ group companies to have constitutions containing certain provisions) (1) Section 44(2)(b)— omit, insert— (2) '(b) at least 3 of the directors of the company to be ordinarily resident in Queensland; and (c) the chief executive officer of the company to be ordinarily resident in Queensland; and (d) each annual general meeting of the company to be held in Queensland.'. Section 44(3)(c)— omit, insert— '(c) in each year, at least 4 of the company's board meetings (d) are held in Queensland; and each meeting of the company's board held annually for the purpose of strategic planning is held in Queensland.'. Amendment of s 50 (Pt 5 overrides Corporations Law) Section 50, heading, 'Law'— omit, insert— 'Act'. NOR 0 ON DN FW CAN DANN FW NF CO 21 s7 6 s10 TAB Queensland Limited Privatisation Legislation Amendment Bill 2004 Clause 7 Amendment of schedule (Dictionary) Schedule, definitions requirement notice and voting share— omit. Part 3 Amendment of Gambling Legislation Amendment ActClause 8 Act amended in pt 3 This part amends the Gambling Legislation Amendment Act 2004. Clause 9 Omission of pt 8 (Amendment of TAB Queensland Limited Privatisation Act 1999) Part 8— omit. Part 4 Repeal of Act Clause 10 Repeal The TAB Queensland Limited Privatisation Amendment Act 2003 No. 84 is repealed. © State of Queensland 2004 \o 11 13 17