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AUSTRALIAN FILM COMMISSION ACT 1975 No. 6 of 1975 - SECT 35
Purchase and disposal of assets.
35. The Commission shall not, without the approval of the Minister-
(a) acquire any property, right or privilege for a consideration exceeding
in amount or value $250,000 or, if a higher amount is prescribed, that
higher amount;
(b) dispose of any property, right or privilege where the amount or value
of the consideration for the disposal, or the value of the property,
right or privilege, exceeds $250,000 or, if a higher amount is
prescribed, that higher amount;
(c) enter into a contract for the construction of a building for the
Commission, being a contract under which the Commission is to pay an
amount exceeding $250,000 or, if a higher amount is prescribed, that
higher amount; or
(d) enter into a lease of land for a period exceeding 10 years.
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