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Northern Australia Infrastructure Facility Act 2016

No. 41, 2016

Compilation No. 3

Compilation date: 4 July 2023

Includes amendments up to: Act No. 50, 2023

Registered: 24 July 2023

About this compilation

This compilation

This is a compilation of the Northern Australia Infrastructure Facility Act 2016 that shows the text of the law as amended and in force on 4 July 2023 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary
1 Short title
2 Commencement
3 Objects of this Act
4 Simplified outline of this Act
5 Definitions
5A References to the Minister
Part 2—Northern Australia Infrastructure Facility
6 Establishment
7 Functions of Facility
7A Terms and conditions for provision of financial assistance (other than equity investments) to corporations
8 Time limit for making decisions to provide financial assistance
Part 3—Investment Mandate
9 Investment Mandate
10 Matters covered by Investment Mandate
Part 4—Consideration by Minister
11 Consideration by Minister
12 Process if Minister decides that financial assistance should not be provided
Part 5—Board of the Facility
13 Establishment of Board
14 Functions of Board
15 Appointment of members
16 Acting appointment as Chair
17 Remuneration
18 Leave of absence
19 Other terms and conditions
20 Resignation
21 Termination of appointment
22 Board meetings
22A Secretary may nominate alternate to attend Board meetings
23 Presiding at Board meetings
24 Quorum at Board meetings
25 Voting at Board