Commonwealth Authorities and Companies Amendment Regulations 2002 (No. 1)¹

I, PETER JOHN HOLLINGWORTH, 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 25 July 2002

PETER HOLLINGWORTH

Governor-General

By His Excellency’s Command

NICK MINCHIN

1              Name of Regulations

                These Regulations are the Commonwealth Authorities and Companies Amendment Regulations 2002 (No. 1).

2              Commencement

                These Regulations commence on gazettal.

3              Amendment of Commonwealth Authorities and Companies Regulations 1997

                Schedule 1 amends the Commonwealth Authorities and Companies Regulations 1997.

Schedule 1        Amendments

(regulation 3)

[1]           Regulation 4

substitute

4              Government business enterprises (Act, s 5)

                For the definition of GBE in section 5 of the Act, the following authorities and companies are prescribed:

                (a)    Australian Government Solicitor;

               (b)    Australian Postal Corporation;

                (c)    Australian Rail Track Corporation Limited;

               (d)    Australian Technology Group Limited;

                (e)    Bankstown Airport Limited;

                (f)    Camden Airport Limited;

               (g)    ComLand Limited;

               (h)    Defence Housing Authority;

                (i)    Employment National Limited;

                (j)    Health Services Australia Limited;

               (k)    Hoxton Park Airport Limited;

                (l)    Medibank Private Limited;

              (m)    Snowy Mountains Hydro-electric Authority;

               (n)    Sydney Airports Corporation Limited;

               (o)    Telstra Corporation Limited.

[2]           Paragraphs 4A (a) to (d)

substitute

                (a)    Bankstown Airport Limited;

               (b)    Camden Airport Limited;

                (c)    ComLand Limited;

               (d)    Employment National Limited;

                (e)    Hoxton Park Airport Limited;

                (f)    Sydney Airports Corporation Limited.

[3]           Regulation 5

substitute

5              Statutory marketing authorities (Act, s 5)

                For the definition of SMA in section 5 of the Act, the following authorities are prescribed:

                (a)    Australian Dairy Corporation;

               (b)    Australian Wine and Brandy Corporation.

[4]           After paragraph 7 (1) (f)

insert

              (fa)    whether the company is:

                          (i)    a public company; or

                         (ii)    a large proprietary company; or

                        (iii)    a small proprietary company; or

                        (iv)    a company with only 1 member;

[5]           Subregulation 7 (3)

substitute

         (3)   In this regulation, each of the following terms has the meaning given by section 9 of the Corporations Act 2001:

                (a)    company limited by guarantee;

               (b)    company limited by shares;

                (c)    foreign company;

               (d)    large proprietary company;

                (e)    no liability company;

                (f)    small proprietary company;

               (g)    ultimate holding company;

               (h)    unlimited company.

         (4)   In this regulation:

public company means a company that is not a proprietary company within the meaning of section 9 of the Corporations Act 2001.

1.       These Regulations amend Statutory Rules 1997 No. 391, as amended by 1999 Nos. 46, 75, 105, 170 and 225; 2000 No. 83; 2001 No. 180.

2.       Notified in the Commonwealth of Australia Gazette on 1 August 2002.