Document ID: chunk:federal_register_of_legislation:C2004A00638:clause:1_5a
Version: federal_register_of_legislation:C2004A00638
Segment Type: clause
Provision Reference: sch 1 cl 5A
Character Range: 2953–3836

5A  Approved form of winding‑up agreement

 (1) The Minister may make a written determination that a specified form of agreement is the approved form of winding‑up agreement for the purposes of this Part.

 (2) The Minister must cause a copy of the determination to be tabled in each House of the Parliament.

 (3) Either House may, following a motion upon notice, pass a resolution disallowing the determination. To be effective, the resolution must be passed within 15 sitting days of the House after the copy of the determination was tabled in the House.

 (4) If neither House passes such a resolution, the determination takes effect on the day immediately after the last day upon which such a resolution could have been passed.

 (5) Subsections (3) and (4) have effect despite anything in:
 (a) the Acts Interpretation Act 1901; or
 (b) the Legislative Instruments Act 2000.