Keystart Act 2024 (WA)

Western Australia Keystart Act 2024 Western Australia Keystart Act 2024 Contents Part 1 — Preliminary 1. Short title 1 2. Commencement 1 3. Object of Act 1 4. Terms used 1 5. Relationship to GTE Act 1 Part 2 — Keystart Division 1 — Establishment 6. Corporation established 1 7. Keystart not agent of State 1 8. Keystart and officers not part of Public Service 1 Division 2 — Functions and powers 9. Functions of Keystart 1 10. Powers of corporation 1 Division 3 — Staff 11. Staff 1 Part 5 — Miscellaneous 25. Delegation 1 26. Approvals 1 27. Audit and risk management committees 1 28. Collection, use and disclosure of credit reporting information 1 29. Providing financial assistance to relatives of directors or chief executive officer 1 30. Regulations 1 31. Review of Act 1 Part 7 — Transitional provisions Division 1 — Preliminary 33. Terms used 1 Division 2 — Early operations 34. Relationship to GTE Act before operational start date 1 35. Board of directors before operational start date 1 36. Expiry of Division 1 Division 3 — Transfer orders 37. Terms used 1 38. Minister may make transfer orders 1 39. Consequences of transfer orders 1 40. Completion of transactions for this Division 1 41. Effect of arrangements internal to transferors 1 42. Delivery and access to records 1 43. Registration of documents 1 44. Correction of errors in transfer orders 1 45. Effect of this Division on existing rights and obligations 1 46. Authorised disclosure of information 1 Division 4 — Transitional provisions for repeal of Country Housing Act 1998 48. Closing Country Housing Account 1 Division 5 — Other transitional provisions 49. Bank accounts 1 50. Transferred investments continue 1 51. Approval of financial assistance products of expiring entities 1 52. First statement of expectations for Keystart 1 53. First annual performance statement for Keystart 1 54. Draft record keeping plan for State records 1 55. Transferring directors 1 56. First chief executive officer 1 57. Transitional regulations 1 Part 8 — Consequential amendments Division 1 — Constitution Acts Amendment Act 1899 amended 58. Act amended 1 59. Schedule V amended 1 Division 3 — Government Trading Enterprises Act 2023 amended 62. Act amended 1 63. Section 3 amended 1 Division 4 — Procurement Act 2020 amended 64. Act amended 1 65. Section 5 amended 1 Division 5 — Public Sector Management Act 1994 amended 66. Act amended 1 67. Schedule 1 amended 1 Notes Compilation table 1 Uncommenced provisions table 1 Defined terms Western Australia Keystart Act 2024 An Act — * to establish Keystart; and * to repeal the Country Housing Act 1998; and * to make consequential amendments to various written laws; and * for related purposes.