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Export Finance and Insurance Corporation (Transitional Provisions and Consequential Amendments) Act 1991
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Department of Foreign Affairs and Trade
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C2004A04224
21 October 1991
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Part 1—Preliminary
1 Short title
2 Commencement
3 Expressions defined in the Export Finance and Insurance Corporation Act 1991
4 Interpretation
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Part 2—Savings and transitional provisions concerning functions of Commission assumed by EFIC
5 Functions of Commission assumed by EFIC
6 Saving of applications made to, and declarations concerning business of, Commission
7 National interest insurance contracts entered into, and guarantees given, by Commission
8 National interest loans entered into by Commission
9 Final report in relation to Export Finance and Insurance Fund
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Part 3—Staff
10 Minister may make declarations
11 Terms and conditions applicable to persons taken to be employed by EFIC
12 Persons previously engaged for specified terms
13 Retention of recreation and sick leave credits etc.
14 Leave of absence taken to have been granted
15 Probation
16 Deductions from salary
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Part 4—Assets and liabilities
17 Transfer of certain assets to EFIC
18 Certificates in relation to land and interests in land
19 Transfer of capital to EFIC
20 Assumption of certain liabilities by EFIC
21 Certificates with respect to assets, liabilities and instruments
22 Exemption from taxation
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Part 5—Amendments of the Australian Trade Commission Act 1985
23 Principal Act [see Note 2]
24 Interpretation
25 Functions of Commission
26 Membership of Board
27 Remuneration and allowances of appointed members
28 Acting Chairperson and acting Deputy Chairperson
29 Acting member
30 Termination of appointment of appointed members
31 Sections 31 and 32 of the Principal Act are repealed.
32 Part V of the Principal Act is repealed.
33 Sections 51 and 52 of the Principal Act are repealed and the following sections are substituted:
34 Remuneration and allowances
35 Acting Managing Director and acting Deputy Managing Director
36 Resignation
37
38 Commission to develop corporate plans
39 Section 70 of the Principal Act is repealed.
40 Money of the Commission
41 Application of money of Commission
42 Sections 73, 74 and 75 of the Principal Act are repealed.
43 Commission may give security
44 Sections 84, 85, 86 and 87 of the Principal Act are repealed.
45 Delegations by Minister and Managing Director
46 Secrecy
47 Regulations
48 Transitional provision—existing Managing Director
49 Transitional provision—existing Deputy Managing Director
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Part 6—Amendments of other Acts
50 Amendments of other Acts
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Schedule 1—Amendments of other Acts
Administrative Decisions (Judicial Review) Act 1977
Freedom of Information Act 1982
Insurance Act 1973
Insurance (Agents and Brokers) Act 1984
Insurance Contracts Act 1984