Commonwealth Authorities and Companies Amendment Regulations 1999 (No. 1)

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations under the Commonwealth Authorities and Companies Act 1997.

Dated 17 March 1999.

WILLIAM DEANE
Governor-General

By His Excellency’s Command,

JOHN FAHEY

Minister for Finance and Administration

Commonwealth Authorities and Companies Amendment Regulations 1999 (No. 1)¹

Statutory Rules 1999    No. 46²

made under the

Contents

                                                                                                                 Page

                        1     Name of regulations                                                       

                        2     Commencement                                                             

                        3     Amendment of Commonwealth Authorities and Companies Regulations       

Schedule 1       Amendments of the Commonwealth Authorities and Companies Regulations                                                                                       

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1           Name of regulations

                     These regulations are the Commonwealth Authorities and Companies Amendment Regulations 1999 (No. 1).

2           Commencement

                     These regulations are taken to have commenced on 1 January 1998.

3           Amendment of Commonwealth Authorities and Companies Regulations

                     Schedule 1 amends the Commonwealth Authorities and Companies Regulations.

Schedule 1        Amendments

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(regulation 3)

[1]         Regulation 1

             substitute

1       Name of regulations

                These regulations are the Commonwealth Authorities and Companies Regulations 1997.

[2]         After regulation 7

             insert

8       Modification of Act for intelligence or security agency (Act, s 46)

                In its application to a company conducted for the purposes of an intelligence or security agency, the Act has effect as if Part 4 (Reporting and other obligations for Commonwealth companies) and section 45 (Ministers must inform Parliament of share acquisitions etc) were omitted.

Notes

1.       These regulations amend Statutory Rules 1997 No. 391.

2.       Made by the Governor-General on 17 March 1999, and notified in the Commonwealth of Australia Gazette on 24 March 1999.