Document ID: chunk:federal_register_of_legislation:C1973A00092:body:0:p5
Version: federal_register_of_legislation:C1973A00092
Segment Type: other
Provision Reference: 
Character Range: 10148–12936

to enter into a partnership or an arrangement for sharing of profits.
"(2) A provision of this Act conferring a power on the Commission shall not be read so as to limit the powers of the Commission under any other provision.".

Fares and charges.
8. Section 20 of the Principal Act is amended—
       (a) by omitting the words "an air service" and substituting the words "a transport operation"; and
       (b) by omitting the word "transport" (last occurring) and substituting the word "operation".

Power to purchase and dispose of assets.
9. Section 21 of the Principal Act is amended by omitting sub-sections (2) and (3) and substituting the following sub-sections:—
"(2) The Commission shall not, without the approval of the Minister—
       (a) acquire any property, right or privilege for a consideration exceeding in amount or value Two hundred and fifty thousand dollars or, if a higher amount is prescribed, that higher amount;

       (b) dispose of any property, right or privilege where the amount or value of the consideration for the disposal, or the value of the property, right or privilege, exceeds Two hundred and fifty thousand dollars or, if a higher amount is prescribed, that higher amount;
       (c) enter into a contract for the construction of a building for the Commission, being a contract under which the Commission is to pay an amount exceeding Two hundred and fifty thousand dollars or, if a higher amount is prescribed, that higher amount; or
       (d) enter into a lease of land for a period exceeding ten years.
"(3) Negotiations for the taking on lease or the purchase of land or buildings by the Commission or by a company controlled by the Commission shall be conducted in consultation with the Department of Services and Property or, where the Minister so directs, shall be conducted by that Department.".

Contracts for transport of mails.
10. Section 22 of the Principal Act is amended by adding at the end thereof the words "or land".

Alterations made by direction of Minister.
11. Section 25 of the Principal Act is amended—
       (a) by omitting from sub-section (1) the words "interstate airline service or Territorial airline service specified by the Minister" and substituting the words "transport service specified by the Minister, being a service authorized by this Act";
       (b) by omitting from sub-section (2) the words "an airline service" and substituting the words "a transport service"; and
       (c) by omitting from sub-section (2) the words "the airline service" and substituting the words "the transport service".
12. Section 30 of the Principal Act is repealed and the following sections substituted:—

Capital of Commission.
"30. The capital of the Commission at any time is the sum of—
       (a) the amounts by way of