Commonwealth Consolidated Acts

AUSSAT REPEAL ACT 1991

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title [see Note 1]  
   2.      Commencement [see Note 1]  
   3.      Interpretation  

   PART 2--PREPARING FOR THE SALE OF AUSSAT

   4.      Commonwealth guarantee of AUSSAT borrowings  
   5.      Appropriation of up to $800,000,000 to pay out AUSSAT's existing obligations  
   6.      AUSSAT not within the shield of the Crown  
   7.      Clarification of AUSSAT's status for income tax purposes  

   PART 3--EFFECT OF THE SALE OF AUSSAT

   8.      Removal of AUSSAT's tax losses  
   9.      AUSSAT no longer taken to be established for a public purpose  
   10.     Repeal of the AUSSAT Act 1984  
   11.     Consequential amendments of other Acts  
   12.     Ending AUSSAT's liability under the Commonwealth Borrowing Levy Act 1987  

   PART 4--AMENDMENTS OF TELECOMMUNICATIONS LEGISLATION

   13.     Schedule 2 amendments  
           SCHEDULE 1 Consequential amendments of other Acts
           SCHEDULE 2 Amendments of Telecommunications Legislation