Document ID: chunk:federal_register_of_legislation:C2004A03722:body:0:p1
Version: federal_register_of_legislation:C2004A03722
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Character Range: 0–3472

OTC (Conversion into Public Company) Act 1988

No. 129 of 1988

TABLE OF PROVISIONS

PART I—PRELIMINARY
Section
     1. Short title
     2. Commencement

PART II—AMENDMENTS OF THE OVERSEAS TELECOMMUNICATIONS ACT 1946

     3. Principal Act
     4. Title
     5. Short title
     6. Insertion of new sections:
     3. Interpretation
     4. Operating under a name
              4a. Subsidiaries
     7. Repeal of section 5
     8. Repeal of Part II (other than section 33a)
     9. Officers etc. not to divulge contents of telecommunications
     10. Insertion of new Part:

PART IIa—CREATION OF CAPITAL STRUCTURE AND OTHER STEPS PRIOR TO CONVERSION OF OTC INTO PUBLIC COMPANY

              54a. Share capital of OTC
              54b. Issue of shares in OTC
              54c. OTC to apply to be registered as company etc.
              54d. New name of OTC
TABLE OF PROVISIONS—continued
Section
     11. Insertion of new Part:

PART IIb—CONVERSION OF OTC INTO PUBLIC COMPANY

              54e. OTC taken to be registered under Companies Act
              54f. Memorandum and articles of OTC
              54g. Membership of OTC
              54h. Application of certain provisions of Companies Act
              54j. Accounting records
              54k. Accounts
              54l. Operation of section 25b of Acts Interpretation Act
              54m. Effect of Part—summary
     12. Repeal of sections 55 to 59
     13. Conduct of overseas telecommunications services
     14. Licences etc. to become ineffective
     15. Repeal of section 62
     16. Repeal of Part IV and substitution of new Parts:

PART IV—USE OF CERTAIN NAMES

              64. Protected body may operate under protected company name
              65. Protected body may operate under protected business name
              66. Other persons not to use protected names
              67. Exceptions for pre-existing rights
              68. Use of other names by protected bodies
              69. Effect on State and Territory laws

PART IVa-STAFF MATTERS

              70. Employment of staff members continues after transition
              71. Act not to affect certain matters relating to staff members
              72. Effect of sections 70 and 71
              73. Application of Part IV of Public Service Act

PART IVB—TAXATION MATTERS

Division 1—Exemption from certain taxes
              73a. Interpretation
              73b. Exemptions relating to exempt matters
              73c. Authorised person may certify in relation to exemptions
Division 2—Application of Income Tax Assessment Act
              73d. OTC to be taken to have had share capital
     17. Repeal of section 74
     18. Repeal of section 75 and substitution of new section:
              75. Alteration of rates
     19. Land-line connections
     20. Repeal of section 77
     21. Protection from actions
     22. Repeal of section 79 and substitution of new sections:
              79. OTC not public authority etc.
              79a. Judicial notice of OTC's seal
              79b. Compensation for acquisition of property
              79c. Public Works Committee Act
              79d. Lands Acquisition Act
TABLE OF PROVISIONS—continued
Section

PART III—AMENDMENT OF THE MATERNITY LEAVE (COMMONWEALTH EMPLOYEES) ACT 1973

     23. Principal Act
     24. Interpretation

PART IV—CONSEQUENTIAL AMENDMENTS OF OTHER ACTS

     25. Consequential amendments
SCHEDULE
CONSEQUENTIAL AMENDMENTS OF OTHER ACTS