Commonwealth Consolidated Acts

QANTAS SALE ACT 1992

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

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

   PART 2--DETERMINATION OF SUBSTANTIAL MINORITY, 50

   4.      The substantial minority sale day  
   5.      The 50% sale day  
   6.      The 100% sale day  

   PART 3--REQUIREMENTS REGARDING QANTAS' ARTICLES OF ASSOCIATION

   7.      Qantas' articles of association to include certain provisions  
   8.      Inconsistent alterations to Qantas' articles of association to have no effect  
   9.      Qantas to maintain a register of shares in which foreign persons have a relevant interest  
   10.     Injunctions  
   11.     Delegation by Minister  
   12.     Jurisdiction of courts  
   13.     This Part to have effect despite Corporations Act  

   PART 4--DEBT AND CAPITAL RECONSTRUCTION IN CONNECTION WITH THE SALE OF QANTAS

           Division 1--Commonwealth guarantees

   14.     Commonwealth guarantee of certain borrowings  

           Division 2--Appropriation to enable the provision of share capital to, or the assumption of certain debts in connection with, Qantas

   15.     Payment for share subscription  
   16.     Commonwealth takeover of certain Commonwealth-guaranteed obligations in connection with Qantas  
   17.     Commonwealth takeover of certain obligations in connection with Qantas other than those referred to in section 16  
   18.     Appropriation  
   19.     Application of the Loans Securities Act 1919  

           Division 3--Miscellaneous

   20.     Anything done under this Part taken not to be form of Commonwealth finance  
   21.     This Part to have effect despite Corporations Act  

   PART 5--AMENDMENT OF THE LONG SERVICE LEAVE

   PART 6--REPEAL OF THE QANTAS EMPIRE AIRWAYS ACT 1948 AND THE AUSTRALIAN NATIONAL AIRLINES ACT 1945

   24.     Repeal of the Qantas Empire Airways Act 1948  

   PART 7--TRANSITIONAL AND SAVING PROVISIONS

   26.     Transitional long service leave provisions relating to employees of Australian Airlines  
   27.     Transitional provisions relating to the SRC Act  
   28.     Transitional provisions relating to the Commonwealth Borrowing Levy Act 1987  
   29.     Saving--DFRDB Act  
   30.     Saving--DPP Act  
   31.     Saving--Judiciary Act 1903  
   32.     Saving--Long Service Leave Act  
   33.     Saving--Superannuation Act 1922  
   34.     Saving--Superannuation Act 1976  

   PART 8--OTHER PROVISIONS RELATING TO THE SALE OF QANTAS

   36.     Repeal of section 35  
   38.     Repeal of section 37  
   39.     Australian Airlines not to be established by or under an Act  
   40.     Exemption from State and Territory taxes and charges  
   41.     Regulations connected with the sale of Qantas  
   42.     Cessation of certain mobility rights  
   45.     Refund of licence fee paid under the SRC Act  
   46.     Refund of contribution paid under the Occupational Health and Safety (Commonwealth Employment) Act 1991  
   47.     Qantas and its subsidiaries not to be eligible or relevant bodies for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990  
   48.     Amendment of declaration under the SRC Act  
   49.     Amendment of declaration under the Superannuation Act 1976  
   51.     Repeal of section 50  
           SCHEDULE Amendments of Acts relating to Qantas or its subsidiaries