Federal Register of Legislation - Australian Government

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Act No. 54 of 1993 as made
An Act relating to the sale of the Snowy Mountains Engineering Corporation Limited, and for related purposes
Administered by: Environment and Energy
Date of Assent 27 Oct 1993
 

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - TABLE OF PROVISIONS

TABLE OF PROVISIONS
PART 1 - PRELIMINARY
Section
1. Short title
2. Commencement
3. Interpretation
4. The sale day
PART 2 - AMENDMENT OF THE LONG SERVICE LEAVE
(COMMONWEALTH EMPLOYEES) REGULATIONS
5. Principal Regulations
6. Schedule 1A
PART 3 - AMENDMENT OF THE MATERNITY LEAVE
(COMMONWEALTH EMPLOYEES) REGULATIONS
7. Principal Regulations
8. Schedule 2A
PART 4 - TRANSITIONAL AND SAVING PROVISIONS
Division 1 - Transitional and saving provisions
in relation to long service leave
9. Interpretation
10. Long service leave for employees with less than 10
years service
11. Payments in lieu of long service leave for employees
with less than 10 years service
12. Payments on the death of an employee
13. Employee's long service leave credit for the purposes
of sections 10 and 11
14. Division not to affect an employee's post - sale long
service leave rights
15. Saving - Long Service Leave Act
Division 2 - Transitional and saving provisions
relating to the Safety Rehabilitation and
Compensation Act 1988
16. Interpretation
17. Continued application of SRC Act
18. Transitional provisions relating to the SRC Act that
relate to SMEC employees and former SMEC employees
19. Transitional provisions relating to Division 4A of Part
VII of the SRC Act
20. Transitional provision relating to section 128A of the
SRC Act
21. Notification of amount of salary etc. paid to employees
of SMEC
22. Amendment of declarations under the SRC Act
Division 3 - Transitional and saving provisions
in relation to superannuation and other
retirement benefits
23. Saving - deferred benefits under the Superannuation Act
1922
24. Saving - deferred benefits under the Superannuation Act
1976
25. Saving - period of eligible employment for the purposes
of Division 3 of Part IX of the Superannuation Act 1976
26. Saving - deferred benefits under the DFRDB Act
27. Saving - period of eligible employment for the purposes
of Division 3 of Part IX of the DFRDB Act
28. Application - Superannuation Act 1922
29. Application - Superannuation Act 1976
30. Application - Superannuation Act 1990
Division 4 - Other transitional and saving provisions
31. Transitional maternity leave provisions relating to
employees of SMEC who are not on maternity leave
immediately before the sale day
32. Transitional maternity leave provisions relating to
employees of SMEC who areon maternity leave on or
before the sale day
33. Saving - Crimes (Superannuation Benefits) Act 1989
34. Saving - DPP Act
35. Saving - Judiciary Act 1903
PART 5 - OTHER PROVISIONS RELATING TO THE SALE OF SMEC
36. SMEC not to be established by or under an Act or
established by the Commonwealth
37. Removal of SMEC's tax losses
38. Exemption from State and Territory taxes and fees
39. Regulations connected with the sale of SMEC
40. Cessation of mobility rights
41. Refund of contribution paid under the Occupational
Health and Safety (Commonwealth Employment) Act 1991
42. Ending SMEC's liability under the Commonwealth
Borrowing Levy Act 1987

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43. A SMEC body not to be an eligible or relevant body for
the purposes of the Superannuation Benefits
(Supervisory Mechanisms) Act 1990
44. Amendments of other Acts
SCHEDULE
AMENDMENTS OF OTHER ACTS

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - LONG TITLE

An Act relating to the sale of the Snowy
Mountains Engineering Corporation Limited,
and for related purposes

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - PART 1
PART 1 - PRELIMINARY

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 1
Short title

(Assented to 27 October 1993)
1. This Act may be cited as the Snowy Mountains Engineering Corporation Limited Sale Act 1993.

(Minister's second reading speech made in -
House of Representatives on 7 September 1993
Senate on 30 September 1993)

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 2
Commencement

2. (1) Sections 1, 2, 3, 4 and 38 commence on the day on which this Act receives the Royal Assent.

(2) Sections 5 to 36 (inclusive) and 39 to 44 (inclusive) commence on the sale day.

(3) Section 37 of this Act commences on a day to be fixed by Proclamation.

(4) A Proclamation may fix a day that is earlier than the day on which the Proclamation is published in the Gazette but only if the day fixed is the sale day.

(5) If a provision of this Act does not commence within the period of 2 years beginning on the day on which this Act receives the Royal Assent, it is taken to have been repealed on the day after the period ends.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 3
Interpretation

3.(1) In this Act, unless the contrary intention appears:
"DFRDB Act" means the Defence Force Retirement and Death Benefits Act 1973;
"employee" includes apprentice;
"Long Service Leave Act" means the Long Service Leave (Commonwealth Employees) Act 1976 as in force immediately before the commencement of Part 2 of this Act;
"Maternity Leave Act" means the Maternity Leave (Commonwealth Employees) Act 1973;
"sale day" means the day declared under section 4;
"share", in relation to a body corporate, means a share in the body's share capital;
"SMEC" means the body corporate known before the sale day as the Snowy Mountains Engineering Corporation Limited by whatever name called, and in whatever form that body corporate takes, from time to time;
"SMEC body" means SMEC or a SMEC subsidiary;
"SMEC subsidiary" means a body corporate that is a subsidiary of SMEC;
"SRC Act" means the Safety Rehabilitation and Compensation Act 1988;
"Supervisory Mechanisms Act" means the Superannuation Benefits (Supervisory Mechanisms) Act 1990;
"voting share" has the same meaning as in the Corporations Law.

(2) For the purposes of this Act, the question whether a body corporate is a subsidiary of another body corporate is to be determined in the same manner as that question is determined under the Corporations Law.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 4
The sale day

4. (1) The Minister for Finance must, by notice in the Gazette, declare the day described in subsection (2) to be the sale day.

(2) The day to be specified in the notice is the day that, in the opinion of the Minister for Finance, is the first day after the commencement of this Part on which a majority of the voting shares in SMEC are acquired by a person, or persons, other than the Commonwealth or a nominee of the Commonwealth.

(3) The notice must be published within 14 days after the specified day.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - PART 2
PART 2 - AMENDMENT OF THE LONG SERVICE LEAVE
(COMMONWEALTH EMPLOYEES) REGULATIONS

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 5
Principal Regulations

5. In this Part, "Principal Regulations" means the Long Service Leave (Commonwealth Employees) Regulations*1*. *1* Statutory Rules 1957 No. 49, as amended. For previous amendments, see 1967 No. 100; 1968 No. 74; 1969 Nos. 184 and 195; 1970 No. 124; 1972 Nos. 46 and 131; 1973 No. 86; 1974 No. 17; 1976 Nos. 259 and 267; 1977 Nos. 58, 73, 134 and 155; 1978 Nos. 26, 73, 110, 111 and 269; 1979 Nos. 32 and 121; 1980 Nos. 38, 193, 199 and 262; 1981 Nos. 135, 285, 356 and 374; 1982 Nos. 258, 312 and 313; 1983 No. 218; 1984 No. 193; 1985 No. 181; 1986 No. 113; 1987 Nos. 17 and
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211; 1988 Nos. 95, 96, 108 and 356; 1989 Nos. 147 and 271; 1990 No. 327; 1991 Nos. 224, 264 and 325; and 1992 Nos. 56, 99 and 138.
See also Act No. 196 of 1992.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 6
Schedule 1A

6. (1) Schedule 1A to the Principal Regulations is amended by omitting item 5.

(2) The amendment of the Principal Regulations by subsection (1) does not prevent the Principal Regulations, as so amended, being amended or repealed by the Governor-General.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - PART 3
PART 3 - AMENDMENT OF THE MATERNITY LEAVE
(COMMONWEALTH EMPLOYEES) REGULATIONS

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 7
Principal Regulations

7. In this Part, "Principal Regulations" means the Maternity Leave (Commonwealth Employees) Regulations*2*.

*2* Statutory Rules 1982 No. 163, as amended. For previous amendments, see 1983 No. 216; 1984 Nos. 220, 235 and 434; 1985 Nos. 366 and 382; 1987 Nos. 210 and 326; 1988 Nos. 28 and 358; 1989 Nos. 130, 148 and 241; 1990 Nos. 383 and 473; 1991 Nos. 223 and 326; and 1992 Nos. 10, 57 and 137.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 8
Schedule 2A

8. (1) Schedule 2A to the Principal Regulations is amended by omitting item 5.

(2) The amendment of the Principal Regulations by subsection (1) does not prevent the Principal Regulations, as so amended, being amended or repealed by the Governor-General.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - PART 4
PART 4 - TRANSITIONAL AND SAVING PROVISIONS

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - DIVISION 1
Division 1 - Transitional and saving provisions
in relation to long service leave

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 9
Interpretation

9. (1) Unless the contrary intention appears, expressions used in this Division that are also used in the Long Service Leave Act have the same respective meanings as in that Act.

(2) In this Division:
"combined service period", in relation to an employee, means the total of:
(a) the period that is, immediately before the sale day, the employee's period of service for the purposes of the Long Service Leave Act; and
(b) the period starting on the sale day during which the employee continues to be an employee of SMEC;
"employee" includes a person employed in a full-time or a part-time capacity;
"law" means:
(a) a law of the Commonwealth or of a State or Territory; or
(b) regulations or any other instrument (other than an award, determination or industrial agreement) made under such a law;
"post-sale long service leave rights", in relation to an employee, means any long service leave rights an employee acquires under an award, determination, industrial agreement or law (other than this Act) on or after the sale day.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 10
Long service leave for employees with less than 10 years service

10. (1) This section provides that, in certain circumstances, SMEC may grant long service leave to an employee whose period of service for the purposes of the Long Service Leave Act was less than 10 years.

(2) This section applies in relation to a person who was an employee of SMEC immediately before the sale day if, at that time, the employee's period of service for the purposes of the Long Service Leave Act was less than 10 years.

(3) This section does not apply in relation to an employee who stops being an employee of SMEC by dying. Section 12 covers those employees.

(4) If, from and after the sale day, the employee continues to be employed by SMEC until his or her combined service period is at least 10 years, SMEC may grant the employee long service leave on full salary for a period up to the employee's long service leave credit under subsection 13(1).

(5) If:
(a) the employee is to stop being an employee of SMEC on or after reaching the minimum retiring age, or because of retrenchment; and
(b) the employee's combined service period at the time when he or she is to stop being an employee of SMEC is at least one year;
SMEC may grant the employee long service leave on full salary for a period up to the employee's long service leave credit under subsection 13(1).

(6) If a period of long service leave may be granted to an employee under subsection (4) or (5), SMEC may, if the employee asks in writing, grant the employee long service leave on half salary for a period not exceeding twice that first-mentioned period.

(7) Long service leave granted in the circumstances set out in subsection (5) is to be taken so as to end immediately before the employee stops being an

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employee.

(8) For the purposes of this section, the rate of salary to be used in working out the full salary of an employee is the rate that would be applicable to the employee under section 20 of the Long Service Leave Act if:
(a) that section applied to the employee; and
(b) for the expression "section 16 or 17" in that section there were substituted the expression "section 10 of the Snowy Mountains Engineering Corporation Limited Sale Act 1993".

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 11
Payments in lieu of long service leave for employees with less than 10 years service

11. (1) This section provides that, in certain circumstances, SMEC must pay an amount in respect of long service leave to an employee who has not used all of his or her long service leave credit by taking long service leave under section 10.

(2) This section applies in relation to a person who was an employee of SMEC immediately before the sale day if, at that time, the employee's period of service for the purposes of the Long Service Leave Act was less than 10 years.

(3) This section does not apply in relation to an employee who stops being an employee of SMEC by dying. Section 12 covers those employees.

(4) Subject to subsection (7), if the employee stops being an employee of SMEC on or after the day on which his or her combined service period reaches 10 years, SMEC must pay him or her an amount equal to full salary in respect of his or her long service leave credit under subsection 13(2).

(5) Subject to subsection (7), if:
(a) the employee stops being an employee of SMEC, on or after reaching the minimum retiring age, or because of retrenchment; and
(b) at that time, the employee's combined service period is at least one year;
SMEC must pay him or her an amount equal to full salary in respect of his or her long service leave credit under subsection 13(2).

(6) Subject to subsection (7), if:
(a) the employee stops being an employee of SMEC; and
(b) SMEC is satisfied that the employee left SMEC because of ill health that justified his or her so leaving; and
(c) when the employee left, his or her combined service period was at least one year;
SMEC must pay him or her an amount equal to full salary in respect of his or her long service leave credit under subsection 13(2).

(7) An employee may, by written notice given to SMEC before the employee stops being an employee of SMEC:
(a) ask SMEC not to make a payment to the employee under this section; or
(b) ask SMEC to make a payment under subsection (4), (5) or (6) of a specified amount that is less than the amount that would otherwise be payable under that subsection.

(8) SMEC must comply with a request made under subsection (7).

(9) For the purposes of this section, the rate of salary to be used in working out the full salary of an employee is the rate that would be applicable to the employee under section 21 of the Long Service Leave Act if:
(a) that section applied to the employee; and
(b) for the expression "sections 16 and 17" in that section there were substituted the expression "section 11 of the Snowy Mountains Engineering Corporation Limited Sale Act 1993".

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 12
Payments on the death of an employee

12. (1) This section applies in relation to a person who was an employee of SMEC immediately before the sale day if, at that time, the employee's period of service for the purposes of the Long Service Leave Act was less than 10 years.

(2) If:
(a) on or after the sale day, the employee dies; and
(b) immediately before his or her death, the employee was an employee of SMEC; and
(c) immediately before his or her death, the employee's combined service period was at least one year; and
(d) immediately before his or her death, the employee had one or more dependants;
SMEC must make a payment to a dependant or to 2 or more dependants of the employee.

(3) The total amount of the payment or payments is the amount that would have been payable to the employee under section 11 if, on the day of his or her death, the employee had instead stopped being an employee of SMEC on or after reaching the minimum retiring age.

(4) If subsection (2) applies, section 23 of the Long Service Leave Act has effect as if:
(a) that section applied to an employee of SMEC; and
(b) a reference in that section to the approving authority were a reference to SMEC; and
(c) the section were further modified as set out in the following table:
TABLE

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Provision Omit this expression Insert this expression
section 23
this Act
section 12 of the Snowy
Mountains Engineering
Corporation Limited
Sale Act 1993
subsections 23(2) and (3)
subsection 16(7) or 17(5)
section 12 of the Snowy
Mountains Engineering
Corporation Limited
Sale Act 1993

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 13
Employee's long service leave credit for the purposes of sections 10 and 11

13. (1) For the purposes of section 10, an employee's long service leave credit is equal to the long service leave credit that the employee would have had under the Long Service Leave Act for the period:
(a) starting when the employee started his or her period of service; and
(b) ending on the sale day;
if the employee had been retrenched on the sale day.

(2) For the purposes of section 11, an employee's long service leave credit is the employee's long service leave credit worked out under subsection (1), reduced by any long service leave credits used under section 10.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 14
Division not to affect an employee's post-sale long service leave rights

14. To avoid doubt, it is declared that this Division does not affect an employee's post-sale long service leave rights.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 15
Saving - Long Service Leave Act

15. If, immediately before the sale day, the period of service under the Long Service Leave Act of an employee of SMEC was at least 10 years, then:
(a) despite the amendment of the Long Service Leave (Commonwealth Employees) Regulations by this Act, the employee's accrued rights under that Act continue; and
(b) that Act has effect after the sale day as if SMEC were the approving authority in relation to the employee for the purposes of that Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - DIVISION 2
Division 2 - Transitional and saving provisions
relating to the Safety Rehabilitation
and Compensation Act 1988

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 16
Interpretation

16. Unless the contrary intention appears, expressions used in this Division that are also used in the SRC Act have the same respective meanings as in that Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 17
Continued application of SRC Act

17. If SMEC stops being a Commonwealth authority for the purposes of the SRC Act, the SRC Act continues to apply in relation to SMEC to the extent, and in the manner, set out in this Division.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 18
Transitional provisions relating to the SRC Act that relate to SMEC employees and former SMEC employees

18. (1) The SRC Act continues to apply on and after the sale day in relation to:
(a) injuries suffered by employees of SMEC before the sale day; and
(b) loss of, or damage to, property incurred by employees of SMEC before the sale day;
including employees who had stopped being employees of SMEC before the sale day.

(2) For the purposes of subsection (1), the SRC Act continues to apply as if:
(a) SMEC continues to be a Commonwealth authority; and
(b) the chief executive officer of SMEC (however described) continues to be the principal officer of a Commonwealth authority.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 19
Transitional provisions relating to Division 4A of Part VII of the SRC Act

19. (1) On and after the sale day, Division 4A of Part VII of the SRC Act applies to SMEC as if:
(a) SMEC continues to be a Commonwealth authority; and
(b) SMEC is not required to pay a premium under that Division in respect of that part of a financial year which occurs after the sale day; and
(c) the following word and paragraph were added at the end of subsection 96H(1):
"; or (f) in the case of an authority - the authority is not required to pay a premium under this Division in respect of part of a financial year.".

(2) If, 60 days after the sale day, an amount of premium payable by SMEC to Comcare in respect of a period before the sale day remains unpaid, the amount is a debt due to the Commonwealth and payable to Comcare.

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SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 20
Transitional provision relating to section 128A of the SRC Act

20. On and after the sale day, section 128A of the SRC Act continues to apply to SMEC as if SMEC continues to be a prescribed Commonwealth authority for the purposes of that section.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 21
Notification of amount of salary etc. paid to employees of SMEC

21. The chief executive officer (however described) of SMEC must notify the Commission, within 28 days after the sale day, of the amount of salary, wages or pay paid to employees of SMEC in the period starting on 1 July in the financial year in which the sale day occurs and ending on the day before the sale day.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 22
Amendment of declarations under the SRC Act

22. (1) A notice published in the Gazette before the sale day that declares SMEC to be a body corporate to which the SRC Act applies for the purposes of paragraph (c) of the definition of "Commonwealth authority" in subsection 4(1) of the SRC Act has effect from and including the sale day as if it did not contain a reference to SMEC.

(2) Subsection (1) does not prevent the declaration, as affected by that subsection, being amended or revoked by the Minister.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - DIVISION 3
Division 3 - Transitional and saving provisions in
relation to superannuation and other retirement benefits

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 23
Saving - deferred benefits under the Superannuation Act 1922

23. (1) This section applies if, immediately before the sale day, an employee of a SMEC body was a person to whom deferred benefits were applicable under section 119W of the Superannuation Act 1922.

(2) For the purposes of Division 3 of Part XA of the Superannuation Act 1922, the employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a SMEC body.

(3) This section is subject to Division 3 of Part XA of the Superannuation Act 1922.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 24
Saving - deferred benefits under the Superannuation Act 1976

24. (1) This section applies if, immediately before the sale day, an employee of a SMEC body was a person to whom deferred benefits were applicable under section 139 of the Superannuation Act 1976.

(2) For the purposes of Division 3 of Part IX of the Superannuation Act 1976, an employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a SMEC body.

(3) This section is subject to Division 3 of Part IX of the Superannuation Act 1976.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 25
Saving - period of eligible employment for the purposes of Division 3 of Part IX of the Superannuation Act 1976

25. (1) This section applies if, immediately before the sale day, a period of employment of a person by a SMEC body was a period of eligible employment for the purposes of Division 3 of Part IX of the Superannuation Act 1976.

(2) Despite employment by a SMEC body having stopped being eligible employment for the purposes of Division 3 of Part IX of the Superannuation Act 1976, the period of employment continues to be a period of eligible employment for the purposes of that Division.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 26
Saving - deferred benefits under the DFRDB Act

26. (1) This section applies if, immediately before the sale day, an employee of a SMEC body was a person to whom deferred benefits were applicable under section 78 of the DFRDB Act.

(2) For the purposes of Division 3 of Part IX of the DFRDB Act, the employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a SMEC body.

(3) This section is subject to Division 3 of Part IX of the DFRDB Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 27
Saving - period of eligible employment for the purposes of Division 3 of Part IX of the DFRDB Act

27. (1) This section applies if, immediately before the sale day, a period of employment of a person by a SMEC body was a period of eligible employment for the purposes of Division 3 of Part IX of the DFRDB Act.

(2) Despite employment by a SMEC body having stopped being eligible employment for the purposes of Division 3 of Part IX of the DFRDB Act, the period of employment continues to be a period of eligible employment for the purposes of that Division.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 28
Application - Superannuation Act 1922

28. On and after the sale day, section 145 of the Superannuation Act 1922 does not apply in relation to SMEC.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 29
Application - Superannuation Act 1976

29. On and after the sale day, SMEC is not an approved authority for the
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purposes of the Superannuation Act 1976.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 30
Application - Superannuation Act 1990

30. On and after the sale day, SMEC is not an approved authority for the purposes of the Superannuation Act 1990.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - DIVISION 4
Division 4 - Other transitional and saving provisions

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 31
Transitional maternity leave provisions relating to employees of SMEC who are not on maternity leave immediately before the sale day

31. (1) This section applies if:
(a) immediately before the sale day, a person was a female employee of SMEC; and
(b) within 12 months after the sale day, the person would have been entitled to begin leave granted under the Maternity Leave Act if SMEC had continued to be a prescribed authority for the purposes of that Act.

(2) On and after the sale day, the Maternity Leave Act continues to apply to the person in relation to the confinement in respect of which she would have been entitled to leave as if SMEC continued to be a prescribed authority for the purposes of that Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 32
Transitional maternity leave provisions relating to employees of SMEC who are on maternity leave on or before the sale day

32. (1) This section applies if:
(a) immediately before the sale day, a person was a female employee of SMEC; and
(b) on the sale day, the person is on leave granted under the Maternity Leave Act.

(2) On and after the sale day, the Maternity Leave Act continues to apply to the person in relation to the confinement in respect of which the leave was granted as if SMEC continued to be a prescribed authority for the purposes of that Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 33
Saving - Crimes (Superannuation Benefits) Act 1989

33. (1) Subject to subsection (2), if a person who was an employee of SMEC before the sale day committed a corruption offence while such an employee, then, on and after the sale day, the Crimes (Superannuation Benefits) Act 1989 continues to apply in relation to the person in respect of the offence as if SMEC continued to be a Commonwealth authority.

(2) A superannuation order may not be made under the Crimes (Superannuation Benefits) Act 1989 in relation to employer contributions or benefits paid or payable to a superannuation scheme by SMEC after the sale day.

(3) A superannuation scheme in relation to which employer contributions or benefits are paid or payable by SMEC is not a superannuation scheme for the purposes of the Crimes (Superannuation Benefits) Act 1989 in respect of a corruption offence committed by a person after the sale day.

(4) Despite paragraph 19(3)(d) of the Crimes (Superannuation Benefits) Act 1989, an order under that paragraph may only specify that an amount paid into the Consolidated Revenue Fund before the sale day by or on behalf of SMEC, belongs to the Commonwealth.

(5) If:
(a) a person who was an employee of SMEC before the sale day committed a corruption offence while such an employee; and
(b) the person was paid benefits before, on or after the sale day out of the Consolidated Revenue Fund;
then, despite paragraph 19(4)(b) of the Crimes (Superannuation Benefits) Act 1989, an order under that paragraph may only specify that an amount equal to the total benefits paid out of the Consolidated Revenue Fund be paid to the Commonwealth.

(6) Unless the contrary intention appears, expressions used in this section that are also used in the Crimes (Superannuation Benefits) Act 1989 have the same respective meanings as in that Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 34
Saving - DPP Act

34. (1) Despite the DPP Act ceasing to apply to certain acts, omissions or proceedings in connection with SMEC because SMEC stops being an authority of the Commonwealth for the purposes of that Act, that Act continues to apply in relation to:
(a) acts or omissions that occurred before the sale day; and
(b) the taking of civil remedies connected with or arising out of a prosecution that relates to acts or omissions referred to in paragraph (a).

(2) In this section:
"DPP Act" means the Director of Public Prosecutions Act 1983.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 35
Saving - Judiciary Act 1903

35. (1) Despite section 36 of this Act, section 55E of the Judiciary Act 1903 continues to apply in relation to:
(a) any proceedings to which SMEC is a party that were started before the sale day; and
(b) any matter that an authorised person, by signed writing, certifies is a
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matter in relation to which SMEC gave written instructions before the sale day to the Australian Government Solicitor;
as if SMEC were a body established under an Act.

(2) A document purporting to be a certificate under subsection (1) is, unless the contrary is established, to be taken to be such a certificate.

(3) In this section:
"authorised person" means:
(a) the Secretary to the Attorney-General's Department; or
(b) a person holding or performing the duties of a Senior Executive Service office, within the meaning of the Public Service Act 1922, in that Department.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - PART 5
PART 5 - OTHER PROVISIONS RELATING TO THE
SALE OF SMEC

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 36
SMEC not to be established by or under an Act or established by the Commonwealth

36. (1) On and after the sale day, SMEC is not taken for the purposes of a law to be:
(a) established by or under an Act; or
(b) established by the Commonwealth;
unless a law expressly provides otherwise.

(2) To avoid doubt, it is declared that subsection (1) does not affect the operation of the Snowy Mountains Engineering Corporation Act 1970 or any other law before the commencement of this section.

(3) In subsections (1) and (2):
"law" means:
(a) an Act of the Commonwealth or of a State or Territory; and
(b) regulations or other instrument made under such an Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 37
Removal of SMEC's tax losses

37. (1) A loss incurred by SMEC in a year of income ending before the year of income in which the sale day occurs is not allowable as a deduction in a year of income ending on or after the sale day.

(2) This section has effect despite anything in the Income Tax Assessment Act 1936 and, in particular, sections 79E, 79EA, 79EB, 79F, 80, 80AAA and 80AA of that Act.

(3) Unless the contrary intention appears, expressions used in this section that are also used in the Income Tax Assessment Act 1936 have the same respective meanings as in that Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 38
Exemption from State and Territory taxes and fees

38. (1) No tax is payable under a law of a State or a Territory in respect of:
(a) an exempt matter; or
(b) anything done (including a transaction entered into or an instrument or document made, executed, lodged or given) because of, or for a purpose connected with or arising out of, an exempt matter.

(2) An authorised person may, in writing, certify that:
(a) a specified matter or thing is an exempt matter; or
(b) a specified thing was done (including a transaction entered into, or an instrument or document made, executed, lodged or given) because of, or for a purpose connected with or arising out of, a specified exempt matter.

(3) A certificate under subsection (2) is, in all courts and for all purposes, evidence of the matter stated in the certificate.

(4) In this section:
"authorised person" means:
(a) the Minister for Finance; or
(b) the Secretary to the Department of Finance; or
(c) a person holding or performing the duties of a Senior Executive Service office within the meaning of the Public Service Act 1922, being an office in that Department, authorised by the Secretary, in writing, for the purposes of this section;
"exempt matter" means:
(a) the issue or allotment of shares by SMEC to the Commonwealth or another person on or before the sale day; or
(b) an agreement between the Commonwealth and another person relating to the sale, issue or allotment of shares in SMEC; or
(c) the transfer of shares in SMEC by the Commonwealth or a nominee of the Commonwealth to another person; or
(d) the receipt of money (whether before, on or after the sale day) by the Commonwealth, SMEC or another person acting on behalf of the Commonwealth or SMEC from persons who are, on or before the sale day, buying or subscribing for shares in SMEC; or
(e) the operation of this Act;
"tax" means:
(a) stamp duty or any other tax; and
(b) a fee (other than a fee payable under the Corporations Law of a State or a Territory);
but does not include a tax or fee (other than a fee payable under the Corporations Law of a State or a Territory) specified in a notice signed by

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the Minister for Finance and published in the Gazette.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 39
Regulations connected with the sale of SMEC

39. (1) Subsection 48(2) of the Acts Interpretation Act 1901 does not apply to regulations made under any Act that:
(a) are connected with the sale of SMEC; and
(b) include a declaration that the Governor-General is satisfied that they are connected with the sale of SMEC; and
(c) are expressed to take effect on the sale day.

(2) Regulations covered by subsection (1) take effect on the sale day.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 40
Cessation of mobility rights

40. (1) If Division 2 or 3 of Part IV of the Public Service Act 1922 applied to an employee of SMEC immediately before the sale day, then that Division stops applying to the employee on the sale day.

(2) If Division 4 of Part IV of the Public Service Act 1922 applied to an employee of SMEC immediately before the sale day, then:
(a) the Officers' Rights Declaration Act 1928; and
(b) Division 4 of Part IV of the Public Service Act 1922;
stop applying to the employee on the sale day.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 41
Refund of contribution paid under the Occupational Health and Safety (Commonwealth Employment) Act 1991

41. (1) If SMEC has paid a contribution to the cost of the administration of the Occupational Health and Safety (Commonwealth Employment) Act 1991 under section 67H of that Act in respect of the financial year in which the sale day occurs, then SMEC is entitled to be paid the amount worked out using the following formula:
Contribution x No. of refund days
365
where:
"Contribution" means the contribution paid by SMEC in respect of that financial year;
"No. of refund days" means the total number of days in the period beginning on the sale day and ending on the last day of the financial year in which the sale day occurs.

(2) An amount to which SMEC is entitled under subsection (1) must be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 42
Ending SMEC's liability under the Commonwealth Borrowing Levy Act 1987

42. (1) Subject to subsection (2), SMEC is not liable on or after the sale day to pay an amount of levy imposed by the Commonwealth Borrowing Levy Act 1987 on a borrowing undertaken before the sale day.

(2) Subsection (1) does not apply in relation to an amount of levy that was payable before the sale day.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 43
A SMEC body not to be an eligible or relevant body for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990

43. (1) A notice published in the Gazette before the sale day that declares a SMEC body to be an eligible body for the purposes of the Supervisory Mechanisms Act has effect on and after the sale day as if it did not contain a reference to a SMEC body.

(2) A notice published in the Gazette before the sale day that declares a SMEC body to be a relevant body for the purposes of the Supervisory Mechanisms Act has effect on and after the sale day as if it did not contain a reference to a SMEC body.

(3) Neither subsection (1) nor (2) prevents the declaration as affected by that subsection being amended or revoked by the Minister.

(4) In subsection (3):
"Minister" has the same meaning as in the Supervisory Mechanisms Act.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 44
Amendments of other Acts

44. The Acts specified in the Schedule are amended as set out in the Schedule.

SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SCHEDULE

SCHEDULE Section 44
AMENDMENTS OF OTHER ACTS
Administrative Decisions (Judicial Review) Act 1977
Schedule 1:
Add at the end:
"; (t) decisions of Snowy Mountains Engineering Corporation
Limited or a body corporate that is a subsidiary of that body
corporate.".
Commonwealth Borrowing Levy Act 1987
Schedule (item 20):
Omit.
National Crime Authority Act 1984
Schedule 2:
Omit "Snowy Mountains Engineering Corporation".
Occupational Health and Safety (Commonwealth Employment) Act 1991
Schedule:
Omit "Snowy Mountains Engineering Corporation Limited".
Snowy Mountains Engineering Corporation Act 1970
Section 3 (definitions of "engineering work", "group company",
"operate", "protected body", "protected business name",
"protected company name", "protected name", "protection time",
"registered", "subsidiary" and "wholly-owned subsidiary"):
Omit.
Sections 3A, 3B, 17 and 18:
Repeal.
Subsection 23(1):
Omit.
Sections 39L, 54, 54A and 54B:
Repeal.
Part VA:
Repeal.