Commonwealth Numbered Acts

AUSTRALIAN TRADE COMMISSION ACT 1985

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Interpretation  
   4.      Extension to Territories  
   5.      Application of Act outside Australia  
   6.      Application of Export Market Development Grants Act 1974 not affected  
   7.      Australian Trade Commission  
   8.      Functions of Commission  
   9.      Duties  
   10.     Power of Minister to give directions  
   11.     Establishment of Australian Trade Commission Board  
   12.     Membership of Board  
   13.     Functions of Board in relation to Commission  
   14.     Committees  
   15.     Remuneration and allowances of appointed members  
   16.     Acting Chairperson and acting Deputy Chairperson  
   17.     Acting member  
   18.     Leave of absence of appointed members  
   19.     Resignation of appointed members  
   20.     Termination of appointment of appointed members  
   21.     Meetings of Board  
   22.     Disclosure of interests  
   23.     General powers of Commission  
   24.     Commission may establish offices in Australia and in foreign countries  
   25.     Trading powers of Commission  
   26.     Powers in relation to carrying out overseas development projects  
   27.     Commission may provide advice to promote trade  
   28.     Powers in relation to provision of services and performance of work  
   29.     Commission may form, or join in the formation of, companies, partnerships, consortiums or other business associations  
   30.     Export market development schemes  
   31.     Encouragement of financing of eligible export transactions by Australian banks, &c.  
   32.     Commission may administer aid funds required in respect of export contracts  
   33.     Interpretation  
   34.     Reinsurance, &c., in relation to business of Commission  
   35.     Use of Export Finance and Insurance Corporation business name and seal  
   36.     Export payments insurance contracts  
   37.     Reinsurance in relation to transactions with foreign countries  
   38.     Guarantees and subsidies in relation to loans to Australian suppliers  
   39.     Guarantees and subsidies in relation to loans to overseas buyers, &c.  
   40.     Reinsurance of guarantees in relation to loans to overseas buyers, &c.  
   41.     Tender guarantees and performance guarantees  
   42.     Reinsurance in relation to tender guarantees and performance guarantees  
   43.     Guarantees in relation to certain export transactions  
   44.     Certain contracts and guarantees to be provided by Commission in the national interest  
   45.     Declarations of approved causes of loss  
   46.     Applications for insurance  
   47.     Commission may enter into contracts of insurance in respect of overseas investment transactions  
   48.     Certain contracts of insurance to be entered into in the national interest  
   49.     Financing eligible export transactions  
   50.     Certain loans to be made in the national interest  
   51.     Managing Director and Deputy Managing Director  
   52.     Appointment of Managing Director and Deputy Managing Director  
   53.     Duties of Managing Director and Deputy Managing Director  
   54.     Remuneration and allowances  
   55.     Managing Director and Deputy Managing Director not to engage in paid employment  
   56.     Acting Managing Director and acting Deputy Managing Director  
   57.     Leave of absence  
   58.     Resignation  
   59.     Termination of appointment  
   60.     Employment of other staff  
   61.     Location and designation of persons employed  
   62.     Application of Merit Protection (Australian Government Employees) Act 1984 to persons employed  
   63.     Persons employed under section 60 to have certain rights of entry into the Australian Public Service  
   64.     Commission to develop corporate plans  
   65.     Approval of corporate plans  
   66.     Variation of corporate plans  
   67.     Managing Director to develop annual operational plans  
   68.     Approval of annual operational plans  
   69.     Variation of annual operational plans at request of Commission  
   70.     Interpretation  
   71.     Money of the Commission  
   72.     Application of money of Commission other than money standing to credit of Fund  
   73.     Export Finance and Insurance Fund  
   74.     Commission to keep separate bank accounts and maintain separate financial records in relation to Fund  
   75.     Only Fund assets to be taken in execution in proceedings relating to contracts and guarantees under Part V  
   76.     Estimates  
   77.     Provision in the nature of reserves  
   78.     Borrowings from Commonwealth  
   79.     Borrowings otherwise than from Commonwealth  
   80.     Commission may give security  
   81.     Borrowings not otherwise permitted  
   82.     Guarantee by Commonwealth  
   83.     Exemption from taxation  
   84.     Contracts and guarantees in the national interest  
   85.     Loans made under Division 4 of Part V in the national interest  
   86.     Maximum contingent liability of Commission under Part V  
   87.     Maximum amount of loans given by Commission under Part V  
   88.     Assessed net commercial risk in relation to business of Commission relating to overseas development projects  
   89.     Application of Division 2 of Part XI of Audit Act 1901  
   90.     Delegations by Minister and Managing Director  
   91.     Delegation by Commission  
   92.     Annual Reports  
   93.     Commission to keep the Minister informed  
   94.     Secrecy  
   95.     Offences  
   96.     Validity of contracts, guarantees and agreements  
   97.     Regulations