Rural Business Development Corporation Act 2000 (WA)

Western Australia Rural Business Development Corporation Act 2000 Western Australia Rural Business Development Corporation Act 2000 Contents Part 1 — Preliminary 1. Short title 2 2. Commencement 2 3. Objects 2 4. Terms used in this Act 2 Part 2 — Rural Business Development Corporation Division 1 — Continuation and status of Corporation 5. Continuation of Corporation as Rural Business Corporation 4 6. Corporation is agent of the Crown 4 Division 2 — Functions of Corporation 7. Functions of Corporation 4 8. Delegation of Corporation's functions 5 Division 3 — Powers of Corporation 9. General powers of Corporation 6 10. Power to acquire and dispose of property for schemes 6 11. Restrictions on dealings in land applied for approved assistance schemes 6 Division 4 — Corporation's board of directors 12. The board 7 13. Functions of board 8 14. Remuneration and allowances of directors 8 15. Constitution and proceedings 8 Division 5 — Relationship of Corporation with the Minister 16. Minister may give directions 8 17. Minister to have access to information 9 18. Confidential information 10 Part 3 — Staff 19. Chief executive officer 11 20. Delegation of chief executive officer's functions 11 21. Consultants etc. 11 22. Use of other government staff etc. 11 Part 4 — Financial provisions 23. Funds of Corporation 13 24. Rural Business Development Corporation Operating Account 13 25. Borrowing from Treasurer 14 26. Other borrowing 14 27. Guarantee by Treasurer 15 28. Effect of guarantee 15 29. Application of Financial Management Act 2006 and Auditor General Act 2006 15 Part 5 — Financial assistance Division 1 — Approved assistance schemes 30. Approved assistance schemes 17 31. Schemes established under agreements between Commonwealth and State taken to be approved assistance schemes 17 Division 2 — Applications for, and grants of, financial assistance 32. Applications for financial assistance 18 33. Grants of financial assistance 19 Division 3 — Other matters 34. Security for payments of financial assistance 19 35. Creditors to provide information 20 Part 6 — Miscellaneous 36. Protection from liability for wrongdoing 21 37. Confidentiality 21 38. Common seal and execution of documents 22 39. Time for commencing prosecutions 23 40. Regulations 23 41. Review of Act 23 Part 7 — Repeal, transitional provisions and consequential amendments 43. Transitional provisions 25 Schedule 1 — The board Division 1 — Constitution and proceedings of the board 1. Term of office 26 2. Resignation, removal etc. 26 3. Leave of absence 26 4. Chairman unable to act 27 5. Director unable to act 27 6. Saving 27 7. Meetings 27 8. Presiding officer 27 9. Quorum 28 10. Voting 28 11. Chief executive officer 28 12. Minutes 28 13. Resolution without meeting 28 14. Holding meetings remotely 28 15. Committees 29 16. Board to determine own procedures 29 Division 2 — Disclosure of interests etc. 17. Disclosure of interests 29 18. Voting by interested directors 29 19. Clause 18 may be declared inapplicable 30 20. Quorum where clause 18 applies 30 21. Minister may declare clauses 18 and 20 inapplicable 30 Schedule 2 — Transitional provisions 1. Terms used in this Schedule 31 2. Interpretation Act to apply 31 3. References to the Corporation under its former name in laws and documents 31 4. Repealed Act members to go out of office 31 5. Chief executive officer of repealed Act Corporation continues in office 32 6. Certain funds to be transferred to Rural Business Development Corporation Operating Account 32 7. Applications for assistance under repealed Act 32 8. Grants of assistance under repealed Act 32 9. Transitional regulations 33 Notes Compilation table 34 Defined terms Western Australia Rural Business Development Corporation Act 2000 An Act to preserve and continue a body corporate as the Rural Business Development Corporation, to provide for financial assistance to be given to persons eligible for assistance under approved assistance schemes, to repeal the Rural Adjustment and Finance Corporation Act 1993 2, and for related purposes.