- Act 12 of 2011 - Royal Assent 16 June 2011 TABLE OF PROVISIONS Long Title PART 1 - Preliminary 1. Short title 2. Commencement 3. Purposes of Act 4. Interpretation 5. Application of Act to subsidiary 6. Transfer day PART 2 - Company Division 1 - Organisation and status of Company 7. Principal objectives of Company 8. Constitution of Company 9. Members of Company 10. Shares 11. Consideration for further shares 12. Status of Company 13. Treasurer's Instructions may apply to Company and subsidiary Division 2 - Financial affairs of Company 14. Audit 15. Borrowing 16. Guarantee or indemnity 17. Guarantee fees 18. Tax equivalents 19. Superannuation contributions 20. Long service leave for certain employees 21. Financial arrangements 22. Effect of Financial Agreement Act 1994 Division 3 - Duties of members, Board and Company 23. Directors of Company 24. Members' statement of expectations 25. Corporate plan of Company 26. Accounts and report of Company Division 4 - Non-commercial activities 27. Non-commercial activities PART 3 - Acquisition of and Entry on Land 28. Acquisition of land PART 4 - Transfer of Assets, &c., and Employees to or from Company 29. Transfer to Company of assets, liabilities and contracts of Commission and TIS Corporation 30. Transfer of assets, &c., to or from Crown or council by transfer notice 31. Transfer of persons subject to a secondment arrangement 32. Construction of instruments 33. Continuation and institution of proceedings, &c. 34. Contracts 35. Removing doubt relating to transfer PART 5 - Miscellaneous 36. Application of Corporations Act 37. Protection for acts done under this Act 38. Delegation by Minister 39. Regulations 40. Administration of Act 41. Savings and transitional provisions 42. Repeal and revocation of Rivers and Water Supply Commission Act 1999 and proclamation under that Act 43. Deregistration of TIS Corporation SCHEDULE 1[ Note: This table has been automatically generated and may be incomplete. ]