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Commonwealth Serum Laboratories (Conversion into Public Company) Act 1990

No. 77 of 1990
TABLE OF PROVISIONS
PART 1—preliminary

Section
1.                                                                                                       Short title
2.                                                                                                       Commencement
PART 2—AMENDMENTS OF THE COMMONWEALTH SERUM LABORATORIES ACT 1961

3.                                                                                                       Principal Act
4.                                                                                                       Title
5.                                                                                                       Insertion of new sections:
                                                                                                           3. Interpretation
                                                                                                           3a. Operating under a name
                                                                                                           3b. Subsidiaries
                                                                                                           3c. Operation of Act
                                                                                                           3d. Extension to external Territories
6.                                                                                                       Repeal of sections 4, S and 6
7.                                                                                                       Establishment of Commission
8.                                                                                                       Insertion of new section:
                                                                                                           31a. Transfer to CSL of additional assets etc.
9.                                                                                                       Capital of the Commission etc.
10.                                                                                                      Repeal of Divisions 2 to 6 (inclusive) of Part II
11.                                                                                                      Repeal of Part II
12.                                                                                                      Insertion of new Part:
PART IIa—CREATION OF CAPITAL STRUCTURE AND OTHER STEPS PRIOR TO CONVERSION OF CSL INTO A PUBLIC COMPANY

                                                                                                           44a. Share capital of CSL
                                                                                                           44b. Issue of shares in CSL
                                                                                                           44c. CSL to apply to be registered as company etc.
                                                                                                           44d. New name of CSL

TABLE OF PROVISIONS  continued
Section
13.                                               Insertion of new Part:
PART IIb—CONVERSION OF CSL INTO A PUBLIC COMPANY

                                                    44e.                                             Effect of Part—summary
                                                    44f.                                             CSL taken to be registered under Companies Act
                                                    44g.                                             Memorandum and Articles of CSL
                                                    44h.                                             Membership of CSL
                                                    44j.                                             Application of certain provisions of Companies Act
                                                    44k.                                             Accounting Records
                                                    44l.                                             Accounts
                                                    44m.                                             Operation of section 25b of Acts Interpretation Act
14.                                               Repeal of Part III and substitution of new Parts:
                                                      PART III—USE OF CERTAIN NAMES

                                                    45.                                              Protected body may operate under protected company name
                                                    46.                                              Protected body may operate under protected business name
                                                    47.                                              Other persons not to use protected names
                                                    48.                                              Exceptions for pre-existing rights
                                                    49.                                              Use of other names by protected bodies
                                                    50.                                              Effect on State and Territory laws
                                                      PART IV—STAFF MATTERS

                                                    51.                                              Employment of staff members continues after transition
                                                    52.                                              Act not to affect certain matters relating to staff members
                                                    53.                                              Effect of sections 51 and 52
                                                    54.                                              Variation of terms and conditions of employment
                                                    55.                                              Application of Part IV of Public Service Act
                                                      PART V—TAXATION MATTERS

                                                    56.                                              Interpretation
                                                    57.                                              Exemptions relating to exempt matters
                                                    58.                                              Minister may certify in relation to exemptions
                                                    59.                                              CSL taken to have had share capital for purposes of Income Tax Assessment Act

                                                    60.                                              Treatment of acquisitions of transferring assets for purposes of Income Tax Assessment Act

                                                      PART VI—MISCELLANEOUS

                                                    61.                                              CSL not public authority etc.
                                                    62.                                              Judicial notice of CSL's seal
                                                    63.                                              Compensation for acquisition of property
                                                    64.                                              Additional powers and functions under State or Territory laws
                                                    65.                                              Annual return
                                                    66.                                              Delegations
                                                    67.                                              Regulations
15.                                               Saving of regulations
16.                                               Renumbering of the Principal Act
PART 3—CONSEQUENTIAL AMENDMENTS OF OTHER ACTS

17.                                               Consequential amendments
SCHEDULE
CONSEQUENTIAL AMENDMENTS OF OTHER ACTS

Commonwealth Serum Laboratories (Conversion into Public Company) Act 1990

No. 77 of 1990

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