Mobil Lubricating Oil Refinery (Indenture) Act 1976 (SA)

South Australia Mobil Lubricating Oil Refinery (Indenture) Act 1976 An Act to approve and ratify an Indenture made between the State of South Australia and Mobil Oil Australia Limited; to provide for the carrying into effect of that Indenture; and for other purposes.

Contents 1 Short title 3 Interpretation 4 Approval and ratification 5 Local government rates 6 Cargo service charges 7 Appropriation 9 Entitlement to draw water 10 Pilotage and harbor and navigation charges 11 Power to dispense with compliance with any Act or by-law Schedule 1—Indenture Legislative history

The Parliament of South Australia enacts as follows: 1—Short title This Act may be cited as the Mobil Lubricating Oil Refinery (Indenture) Act 1976. 3—Interpretation (1) In this Act, unless the contrary intention appears— the Company means Mobil Oil Australia Limited a company incorporated in the State of Victoria and having its registered office at No. 2 City Road, Melbourne, in that State and to the necessary extent includes any person to whom any right, power, benefit or privilege conferred on the Company by the Indenture is pursuant to the Indenture, assigned or otherwise disposed of; the Indenture means the Indenture a copy of which is set out in Schedule 1 to this Act. (2) Where an expression used in this Act is defined in Clause 1 of the Indenture that expression shall, for the purposes of this Act, and unless the contrary intention appears, bear the meaning assigned to it by that Clause. 4—Approval and ratification (1) The Indenture is hereby approved and ratified. (2) The Government of the State and any authority or instrumentality of the State are hereby authorised, empowered and required to do all things necessary or expedient for the carrying into effect of the Indenture. 5—Local government rates (1) The rates payable to the council of the local government area in which the lube refinery site is situated in respect of the lube refinery site and the lube refinery shall be— (a) for the year ending 30 June 2001—the sum of $995 758; (ab) for the year ending 30 June 2002—the sum of $615 000; (ac) for the year ending 30 June 2003—the sum of $492 000; (ad) for the year ending 30 June 2004—the sum of $410 000; (b) for each subsequent year—whichever of the following sums is the lesser: (i) the sum obtained by increasing the amount payable under this section in respect of the immediately preceding financial year by the increase (if any) in the Consumer Price Index (All groups index for Adelaide) during the period of 12 months ending on 31 March in that financial year; or (ii) the sum obtained in accordance with the following formula: