Document ID: chunk:federal_register_of_legislation:C2004A03226:body:0:p7
Version: federal_register_of_legislation:C2004A03226
Segment Type: other
Provision Reference: 
Character Range: 15737–18441

(b) that report and those financial statements were prepared and furnished under sub-section 88 (1) of the Insurance Corporation Act; and
(c) the period to which that report and those financial statements relate were a year that ended on 30 June.
(3) The Insurance Corporation shall, as soon as practicable after the commencing day, forward to the Minister a return of the kind referred to in section 89 of the Insurance Corporation Act in respect of the period commencing on 1 October 1985 and ending immediately before the commencing day (in this sub-section referred to as the "final period") and that section applies in respect of that return as if—
(a) that section had not been repealed; and
(b) the final period were a period of 3 months ending on 31 December.
(4) The Commission shall, during the period during which the Board continues in existence by virtue of sub-section (1), pay to the members of the Board, other than a member of the Board who is Managing Director or Deputy Managing Director of the Commission or who is employed by the Commission, in respect of the preparation of the report and the financial statements referred to in sub-section (2), such remuneration and allowances as the Minister, by notice in writing given to the Commission, determines to be appropriate.

(5) In this section, unless the contrary intention appears, "Board" means the Export Finance and Insurance Corporation Board that was established by section 42 of the Insurance Corporation Act.

Transitional provisions specified in Schedule 2
11. (1) A reference in a provision of the Australian Trade Commission Act 1985 specified in column 1 of Schedule 2 to a matter or thing specified in column 2 of that Schedule opposite to the provision so specified shall be read as including a reference to a matter or thing specified in column 3 of that Schedule opposite to the provision so specified.
(2) Expressions used in column 3 of Part I of Schedule 2 have the same respective meanings as in the Insurance Corporation Act.
(3) Expressions used in column 3 of Part II of Schedule 2 have the same respective meanings as in the Projects Corporation Act.

PART III—STAFF

Minister may make declarations
12. (1) The Minister may, from time to time, by declaration published in the Gazette, declare that, with effect from a day specified in the declaration, being the commencing day or a later day, a specified class or specified classes of relevant persons are in the employment of the Commission.
(2) The Minister may, by declaration published in the Gazette, declare that, with effect from the commencing day, specified classes of Trade Commissioners, Assistant Trade Commissioners and Trade Commissioner Office