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Snowy Mountains Engineering Corporation (Conversion into Public Company) Act 1989

No. 66 of 1989

TABLE OF PROVISIONS
PART I—PRELIMINARY
Section
1. Short title
2. Commencement

PART II—AMENDMENTS OF THE SNOWY MOUNTAINS ENGINEERING CORPORATION ACT 1970

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 and 5
7. Repeal of Part II
8. Heading to Part III
9. Additional functions
10. Repeal of section 18 and substitution of section:
       18. Additional powers
11. Insertion of new Part:

PART IIIa—CREATION OF CAPITAL STRUCTURE AND OTHER STEPS PRIOR TO CONVERSION OF SMEC INTO A PUBLIC COMPANY

       18a. Share capital of SMEC
       18b. Issue of shares

TABLE OF PROVISIONS—continued
Section
       18c. SMEC to apply to be registered as company etc.
       18d. New name of SMEC
12. Repeal of Parts IV and V and insertion of new Part:
PART IV—CONVERSION OF SMEC INTO A PUBLIC COMPANY
       19. Effect of Part—summary
       20. SMEC taken to be registered under Companies Act
       21. Memorandum and articles of SMEC
       22. Membership of SMEC
       23. Application of certain provisions of Companies Act
       24. Accounting records
       25. Accounts
       26. Operation of section 25b of Acts Interpretation Act
13. Insertion of new Parts:
PART Va—USE OF CERTAIN NAMES
       39a. Protected body may operate under protected company name
       39b. Protected body may operate under protected business name
       39c. Other persons not to use protected names
       39d. Exceptions for pre-existing rights
       39e. Use of other names by protected bodies
       39f. Effect on State and Territory laws
PART Vb—STAFF MATTERS
       39g. Employment of staff members continues after transition
       39h. Act not to affect certain matters relating to staff members
       39j. Effect of sections 39g and 39h
       39k. Variation of terms and conditions of employment
       39l. Application of Part IV of Public Service Act
PART Vc—TAXATION MATTERS
       39m. Interpretation
       39n. Exemptions relating to exempt matters
       39p. Authorised person may certify in relation to exemptions
              39q. SMEC taken to have had share capital for purposes of Income Tax Assessment Act
14. Repeal of Part VI
15. Repeal of sections 51 to 54 (inclusive) and substitution of sections:
       51. SMEC not public authority etc.
       52. Judicial notice of SMEC's seal
       53. Compensation for acquisition of property
       54. Public Works Committee Act
       54a. Lands Acquisition Act
       54b. Additional powers and functions under State laws
PART III—CONSEQUENTIAL AMENDMENTS OF OTHER ACTS
16. Consequential amendments
SCHEDULE
CONSEQUENTIAL AMENDMENTS OF OTHER ACTS

Snowy Mountains Engineering Corporation (Conversion into Public Company) Act 1989

No. 66 of 1989

An Act to amend the Snowy Mountains Engineering Corporation Act 1970 to convert the Snowy Mountains Engineering Corporation into a public company,