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Melbourne Sailors' Home (Repeal) Bill Introduction Print EXPLANATORY MEMORANDUM Clause Notes Clause 1 states the purposes of the Bill, which are to repeal the Melbourne Sailors' Home Act 1986, close the Sailors' Welfare Fund established under that Act and provide for the transfer of all money standing to the credit of the Fund to the Consolidated Fund. Clause 2 provides for the commencement of the Bill. The Bill comes into operation on a day to be proclaimed or 1 July 2006, whichever is sooner. Clause 3 repeals the Melbourne Sailors' Home Act 1986. Clause 4 closes the Sailors' Welfare Fund and requires all money standing to the credit of the Fund to be paid into the Consolidated Fund. 1 551409 BILL LA INTRODUCTION 28/2/2006