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GOVERNMENT OWNED CORPORATIONS AMENDMENT ACT 2007 NO. 10
TABLE OF PROVISIONS
Contents
Part 1--Preliminary
1. Short title
2. Commencement
Part 2--Amendment of Government Owned Corporations Act 1993
3. Act amended in pt 2
4. Amendment of s 3 (Definitions)
5. Amendment of s 7 (Types of GOCs)
6. Amendment of s 21 (How Act will enable management of the corporatisation process)
7. Amendment of s 22 (What this part provides)
8. Amendment of s 23 (Government entity becoming a GOC)
9. Amendment of s 24 (Meaning of candidate GOC)
10. Amendment of s 25 (Meaning of certain expressions about government entities)
11. Omission of s 27 (Nomination of statutory GOC etc. to become company GOC)
12. Amendment of s 35 (Matters to be included in draft corporatisation charter)
13. Amendment of s 36 (Responsible Ministers may determine other matters relevant to draft corporatisation charter preparation)
14. Amendment of s 51 (Unincorporated entities)
15. Amendment of s 54 (Candidate GOC associates and subsidiaries of candidate GOC associates)
16. Amendment of s 55 (Memorandum and articles of candidate GOC)
17. Amendment of s 58 (Share capital and issue of shares)
18. Amendment of s 60 (Registration under Corporations Act)
19. Replacement of s 61 (Part does not affect existing legal relationships)
20. Amendment of s 62 (Regulations may deal with other matters)
21. Replacement of s 62B (Application of provisions of pt 5A)
22. Omission of ss 62C and 62D
23. Replacement of s 62E (Appointment of company GOC's first chief executive officer)
24. Replacement of s 62F (Appointment of company GOC's first senior executives)
25. Amendment of s 63 (Declaration of entity as GOC)
26. Amendment of s 63A (Declaration of candidate GOC associate as GOC)
27. Amendment of s 65 (Statutory GOC must be body corporate etc.)
28. Amendment of s 69 (Application of Corporations Law to company GOCs)
29. Amendment of s 70 (Company GOC not exempt public authority)
30. Replacement of ss 76-80
31. Amendment of s 81 (Resolutions without meetings)
32. Amendment of s 85 (Ministers not directors etc.)
33. Replacement of ch 3, pt 4 hdg (Memorandum and articles)
34. Amendment of s 86 (Shareholding Ministers of statutory GOC may require amendment of subsidiary's memorandum and articles)
35. Amendment of s 87 (Memorandum and articles of statutory GOC subsidiary must not be inconsistent with Act or Corporations Law)
36. Amendment of s 88 (Memorandum and articles of company GOC may be amended by shareholding Ministers)
37. Amendment of s 89 (Shareholding Ministers of company GOC may require amendment of subsidiary's memorandum and articles)
38. Amendment of s 90 (Memorandum and articles of company GOC and its subsidiaries must not be inconsistent with Act or Corporations Law)
39. Omission of s 94A (First board of statutory GOC)
40. Amendment of s 96 (Composition of board)
41. Amendment of s 96B (First board of company GOC)
42. Insertion of new s 101A
43. Amendment of s 102 (Appointment of chief executive officer)
44. Insertion of new s 102A
45. Amendment of s 106 (Draft corporate plan)
46. Amendment of s 107 (Special procedures in relation to draft corporate plan)
47. Amendment of s 131 (Matters to be included in annual report)
48. Omission of ch 3, pt 13, div 3 (GOC may direct subsidiaries)
49. Amendment of s 159 (Payment of dividends)
50. Amendment of s 160 (Interim dividends)
51. Amendment of s 164 (Part applies to subsidiaries)
52. Amendment of s 168 (Appointment of senior executives)
53. Insertion of new s 176
54. Amendment of s 182 (Application of Ombudsman Act 2001)
55. Replacement of s 184 (Application of Ombudsman Act 2001)
56. Insertion of new s 188A
57. Insertion of new ch 5
58. Amendment of sch 1 (Additional provisions relating to board of statutory GOC)
59. Amendment of sch 2 (Additional provisions relating to chief executive officer of statutory GOC)
60. Amendment of sch 3 (Application of FA and A Act to company GOCs and prescribed company GOC subsidiaries)
61. Amendment of sch 4 (Application of chapter 3 of Act to company GOC subsidiaries)
Part 3--Other amendments of Acts
62. Acts amended in schedule
SCHEDULE AMENDMENTS OF ACTS COMMENCING BY PROCLAMATION
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