Commonwealth Numbered Acts

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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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