Document ID: chunk:federal_register_of_legislation:C2016C00804:section:3
Version: federal_register_of_legislation:C2016C00804
Segment Type: section
Provision Reference: s 3
Character Range: 4027–4924

3  Simplified outline
  The following is a simplified outline of this Part:

         • This Part provides for the corporatisation of the Australian Government Health Service (AGHS). AGHS was a part of the Department as at the commencement of this Part.
         • In this Part, the new corporate structure for the operations of the AGHS is called the nominated company.
         • The Commonwealth may transfer AGHS assets, contracts, liabilities and records to the nominated company.
         • Provision is made for the transfer of pending proceedings.
         • The balance of the Australian Government Health Service Trust Account will be transferred to the nominated company.
         • The nominated company will be exempt from State and Territory taxes so long as the company is Commonwealth‑owned.
         • The nominated company will not be treated as an agency of the Commonwealth.