Commonwealth Authorities and Companies Amendment Regulations 2004 (No. 1)¹

I, PHILIP MICHAEL JEFFERY, 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 10 June 2004

P. M. JEFFERY

Governor-General

By His Excellency’s Command

NICK MINCHIN

1              Name of Regulations

                These Regulations are the Commonwealth Authorities and Companies Amendment Regulations 2004 (No. 1).

2              Commencement

                These Regulations commence on the date of their notification in the Gazette.

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]           Regulations 4, 4A and 5

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 Submarine Corporation Pty Limited;

                (e)    Australian Technology Group Limited;

                (f)    ComLand Limited;

               (g)    Defence Housing Authority;

               (h)    Employment National Limited;

                (i)    Health Services Australia Limited;

                (j)    Medibank Private Limited;

               (k)    Telstra Corporation Limited.

4A           Responsible Minister for Commonwealth companies (Act, s 5)

                For subparagraph (b) (i) of the definition of responsible Minister in section 5 of the Act, the Minister for Finance and Administration is prescribed as the Minister responsible for the following Commonwealth companies:

                (a)    Australian Submarine Corporation Pty Limited;

               (b)    ComLand Limited;

                (c)    Employment National Limited;

               (d)    Medibank Private Limited.

5              Statutory marketing authorities (Act, s 5)

                For the definition of SMA in section 5 of the Act, the Australian Wine and Brandy Corporation is prescribed.

[2]           After paragraph 7 (1) (c)

insert

              (ca)    either:

                          (i)    the company’s ACN; or

                         (ii)    if applicable, the company’s ARBN;

[3]           Paragraph 7 (1) (g)

substitute

               (g)    if, before or after the event, there were 1 or more ultimate holding companies:

                          (i)    the name of each ultimate holding company; and

                         (ii)    if applicable, the ACN or ARBN of each ultimate holding company; and

                        (iii)    for each ultimate holding company that is a foreign company — its place of incorporation;

[4]           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)    ACN (short for ‘Australian Company Number’);

               (b)    ARBN (short for ‘Australian Registered Body Number’);

                (c)    company limited by guarantee;

               (d)    company limited by shares;

                (e)    foreign company;

                (f)    large proprietary company;

               (g)    no liability company;

               (h)    small proprietary company;

                (i)    ultimate holding company;

                (j)    unlimited company.

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; 2002 Nos. 178 and 226.

2.       Notified in the Commonwealth of Australia Gazette on 11 June 2004.