Australian Capital Territory Current Acts

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TERRITORY-OWNED CORPORATIONS ACT 1990


TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Name of Act  
   2.      Dictionary  
   3.      Notes  
   4.      Application of Act  

   PART 2--ESTABLISHMENT OF CORPORATIONS

   6.      Territory-owned corporations  
   7.      Main objectives of corporations  
   8.      Status of territory-owned corporations and subsidiaries  
   9.      Notification to Assembly  
   10.     Legal obligations  
   11.     Constitution  
   12.     Directors  
   13.     Shares in corporations  
   14.     Acquisition of subsidiaries  

   PART 3--ACCOUNTABILITY

   15.     Provision of information  
   16.     Acquisition and disposal of subsidiaries and undertakings  
   16A.    Obligation to tell shareholders about significant events  
   17.     Directions to corporations  
   17A.    Application of government policies  
   18.     Audit  
   18A.    Audit committee  
   19.     Preparation of statement of corporate intent  
   20.     Statement of corporate intent  
   21.     Modification of statement  
   22.     Annual report  
   23.     Financial year  

   PART 4--BORROWING

   24.     Borrowing from Territory  
   25.     Borrowing otherwise than from Territory  
   26.     Security  
   27.     Borrowing not otherwise permitted  
   28.     Guarantee by Territory  
   28A.    Guarantees by corporation  

   PART 5--TERRITORY TAXES

   29.     Territory taxes  
   31.     Borrowing levy  

   PART 6--MISCELLANEOUS

   32.     Profits available for payment of dividends  
   33.     Voting equality  
   33A.    Benefits retained and preserved  
   33B.    Affirmative action  
   33C.    Investment of surplus funds  
   34.     Regulation-making power  
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           DICTIONARY
           ENDNOTES


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