Commonwealth Consolidated Acts

WOOL INTERNATIONAL PRIVATISATION ACT 1999

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title [see Note 1]  
   2.      Commencement [see Note 1]  
   3.      Schedule(s)  
   4.      Crown to be bound  
   5.      External Territories  
   6.      Extraterritorial operation  

   PART 2--PRIVATISATION OF WOOL INTERNATIONAL

           Division 1--Interpretation

   7.      Definitions  

           Division 2--Preliminary matters

   8.      Application for registration under Part 5B.1 of the Corporations Law  
   9.      Nomination of TrusteeCo to hold shares, units etc. on behalf of other persons  
   10.     Transfer of units etc. to TrusteeCo  
   11.     Validation of number of units  
   12.     Certificates in respect of units continue to have effect  
   13.     Share capital  

           Division 3--Conversion of Wool International into a company

   14.     Registration under Part 5B.1 of the Corporations Law  
   15.     Operation of the Corporations Act after conversion time  

           Division 4--Shares in Wool International

   16.     Issue of shares to registered equity holders  
   17.     Charges on shares  
   18.     Dealings by TrusteeCo with shares held for putative equity holders  
   19.     Dealings by TrusteeCo with shares held in respect of unclaimed units or wrong-name units  

           Division 5--Taxation

   20.     Operation of CGT rules  
   21.     Distributions in respect of units  
   22.     Tax treatment of stockpile activities  
   23.     Share capital  

           Division 6--Miscellaneous

   24.     WoolStock Australia Limited not to be an agency of the Commonwealth etc.  
   25.     Compensation for acquisition of property  
   26.     Limited continuation of Commonwealth guarantee  
   27.     Limited continuation of the repealed section 22ZG  
   28.     Accounting records  
   29.     Regulations  
           SCHEDULE 1 - Amendments commencing on Royal Assent
           SCHEDULE 2 - Amendments commencing at the conversion time