Document ID: chunk:federal_register_of_legislation:C2004A03719:body:0:p2
Version: federal_register_of_legislation:C2004A03719
Segment Type: other
Provision Reference: 
Character Range: 3347–6223

Part V etc.
     31. Transitional provision—Division 8 of Part V
     32. Transitional provision—by-laws
     33. Transitional provisions—Telecommunications (Interception) Act
     34. Transfer of funds
SCHEDULE 1
CONSEQUENTIAL AND MINOR AMENDMENTS OF PRINCIPAL ACT
SCHEDULE 2
CONSEQUENTIAL AMENDMENTS OF OTHER ACTS

Postal Services Amendment Act 1988

No. 126 of 1988

An Act to amend the Postal Services Act 1975 and to amend various other Acts in relation to the provision of postal services, and for related purposes

[Assented to 14 December 1988]

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:

Short title etc.
1. (1) This Act may be cited as the Postal Services Amendment Act 1988.
(2) In this Act, "Principal Act" means the Postal Services Act 19751.

Commencement
2. (1) Subject to subsections (2) and (3), this Act commences on the day on which it receives the Royal Assent.
(2) Sections 4, 5, 9, 10 and 11 and subsections 21 (2) and 22 (1) commence on a day to be fixed by Proclamation for the purposes of this subsection.
(3) Section 12 and subsections 21 (3) and 22 (2) commence on a day to be fixed by Proclamation for the purposes of this subsection.
3. After section 3 of the Principal Act the following section is inserted:

Application of Act
"3aa. This Act applies both within and outside Australia.".

Heading to Part II
4. The heading to Part II of the Principal Act is omitted and the following heading is substituted:

"PART II—ESTABLISHMENT, FUNCTIONS AND GENERAL POWERS OF CORPORATION".

5. Section 5 of the Principal Act is repealed and the following sections are substituted:

Australian Postal Corporation
"5. The Australian Postal Commission is, by this section, preserved, and continued in existence, under the name of the Australian Postal Corporation.

Corporation is body corporate etc.
"5a. The Corporation:
     (a) continues to be a body corporate;
     (b) shall have a seal;
     (c) may acquire, hold and dispose of real and personal property; and
     (d) may sue and be sued in its corporate name.".

Powers of Commission
6. Section 9 of the Principal Act is amended:
     (a) by omitting from paragraph (3) (f) "and";
     (b) by omitting paragraph (3) (g) and substituting the following paragraphs:
         "(g) to form, and participate in the formation of, companies;
         (h) to subscribe for and purchase shares in, and debentures and other securities of, companies;
         (j) to enter into partnerships;
         (k) to participate in joint ventures and arrangements for the sharing of profits;
         (m) to enter into contracts (including futures contracts);
         (n) to deal with futures contracts;
         (o) to appoint agents and attorneys, and act as agent for other persons;

         (p) to accept gifts, grants, bequests