Iron Ore (Savage River) Arrangements Act 1996 (Tas)

Iron Ore (Savage River) Arrangements Act 1996

An Act to make certain arrangements with Pickands Mather & Co. International in relation to that company's obligations under the Iron Ore (Savage River) Deed of Variation Act 1990 and to provide for other matters [Royal Assent 5 December 1996]

Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

1. Short title This Act may be cited as the Iron Ore (Savage River) Arrangements Act 1996 .

2. Commencement (1) The provisions of this Act commence on a day or days to be proclaimed. (2) A proclamation under subsection (1) may declare that the proclamation is not to take effect unless any condition specified in the proclamation has been satisfied. (3) Where the taking effect of any proclamation made under this section is subject to the satisfaction of any condition specified in the proclamation, the Minister, within 7 days of the date on which the proclamation took effect, is to give notice in the Gazette of that date.

3. Interpretation In this Act – Company means Pickands Mather & Co. International, a company organised and existing under the laws of the State of Delaware in the United States of America, and includes any related body corporate of the Company and all officers and agents of the Company and any such related body corporate; Deed of Variation means the Deed of Variation, a copy of which is set out in Schedule 1 to the Iron Ore (Savage River) Deed of Variation Act 1990 ; Director has the same meaning as in the Environmental Management and Pollution Control Act 1994 ; environment has the same meaning as in the Environmental Management and Pollution Control Act 1994 ; officer has the same meaning as in the Corporations Act; Original Lessee means any of the Original Lessees as described in the Recitals to the Deed of Variation, and includes any related body corporate of an Original Lessee and all officers and agents of an Original Lessee and any such related body corporate; Principal Lease means the Principal Lease as described in the Recitals to the Deed of Variation; related body corporate has the same meaning as in the Corporations Law ; Savage Project has the same meaning as in the Deed of Variation and includes all operations, works or undertakings in connection with the continuation by the Company of the Savage Project as so defined between the conclusion of the Principal Lease and the commencement of section 8 .