Document ID: chunk:federal_register_of_legislation:C2004A05165:clause:1_34c
Version: federal_register_of_legislation:C2004A05165
Segment Type: clause
Provision Reference: sch 1 cl 34C
Character Range: 35144–37119

34C  Assistance given by a sale scheme body or director in connection with the implementation of this Part

 (1) A sale scheme body may, on the body's own initiative, assist the Commonwealth or the Corporation in connection with the implementation of this Part.

 (2) A director of a sale scheme body may, on the director's own initiative, assist the Commonwealth or the Corporation in connection with the implementation of this Part.

 (3) A sale scheme body must, when requested in writing by the Minister for Finance to do so, assist the Commonwealth or the Corporation in connection with the implementation of this Part. The assistance is to be given within the period, and in the form and manner, specified in the request.

 (4) A director of a sale scheme body must, when requested in writing by the Minister for Finance to do so, assist the Commonwealth or the Corporation in connection with the implementation of this Part. The assistance is to be given within the period, and in the form and manner, specified in the request.

 (5) The Minister for Finance may, by written notice given to a sale scheme body, give directions to the body about the exercise of the body's powers under subsection (1). The body must comply with the direction.

 (6) The Minister may, by written notice given to a director of a sale scheme body, give directions to the director about the exercise of the director's powers under subsection (2). The director must comply with the direction.

 (7) To avoid doubt, the giving of assistance as mentioned in subsection (1), (2), (3) or (4), the making of a request under subsection (3) or (4), or the giving of a direction under subsection (5) or (6), does not result in a contravention of, or give rise to a liability or remedy under:
 (a) a provision of the Corporations Law; or
 (b) a rule of common law or equity (other than a rule of administrative law).

Note: The expression sale scheme body includes the Corporation—see section 33B.