Document ID: chunk:federal_register_of_legislation:C2004A03550:body:0:p46
Version: federal_register_of_legislation:C2004A03550
Segment Type: other
Provision Reference: 
Character Range: 117914–120832

case—all the muniments of title for the land are expressed in, or contain or refer to a plan expressed in, units of measurement other than Australian legal units of measurement (whether or not some of the muniments of title are also expressed in, or contain or refer to a plan that is also expressed in, Australian legal units of measurement).
"(5) Nothing in this section shall be taken to affect the validity of a contract, dealing or other transaction, or any interest derived under a contract, dealing or other transaction, merely because the contract, dealing or other transaction contravenes subsection (1).
"(6) A person who makes or enters into a contract, dealing or other transaction that contravenes subsection (1) is guilty of an offence punishable on conviction by a fine not exceeding $500.".

After section 13:
Insert the following section:

Futures contracts and contracts etc. relating to futures contracts
"13a. (1) Subsections 7 (2) and 12 (1) do not apply in relation to a futures contract or a contract, dealing or transaction made or entered into in connection with a futures contract.
"(2) In subsection (1), 'futures contract' has the same meaning as in the Futures Industry Act 1986.".

Subsection 17 (1):
Insert", the Executive Director" after "Chairman".

Subsection 17 (2):
Insert "(other than the Executive Director)" after "members" (first occurring).

Subsection 17 (3):
Insert "appointed by the Governor-General" after "members".

Subsection 17 (5):
Insert "appointed by the Governor-General" after "member".

Subsections 18aa (1) and (2):
Insert "appointed by the Governor-General" after "member".

Section 18ab:
Insert "appointed by the Governor-General" after "member".

Subsections 18ac (1) and (2):
Insert "appointed by the Governor-General" after "member".

SCHEDULE 1—continued

Subsection 18ae (3):
Omit "4", substitute "5".

Heading to Part IV:
Omit the heading, substitute the following headings and sections:

"PART IV—EXECUTIVE DIRECTOR AND STAFF

"Division 1—Executive Director

Executive Director
"18ag. There shall be an Executive Director of the Commission.

Duties
"18ah. (1) The Executive Director shall conduct the affairs of the Commission.
"(2) The Executive Director shall act in accordance with any policies determined by, and any directions given by, the Commission.
"(3) All acts and things done in the name of, or on behalf of, the Commission by the Executive Director shall be deemed to have been done by the Commission.

Appointment
"18ai. (1) The Executive Director shall be appointed by the Commission.
"(2) A person who has attained 65 years of age shall not be appointed as Executive Director.
"(3) The appointment of a person as Executive Director is not invalid because of a defect or irregularity in connection with the person's appointment.

Term of office etc.
"18aj. (1) The Executive Director:
     (a) shall be appointed with effect from such day