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Christmas Island Agreement Amendment Act 1983 No. 30 of 1983 - SECT 7

Schedule 2

7. The Principal Act is amended by adding at the end thereof the following
Schedule:

''SCHEDULE 2
Section 4 AGREEMENT BETWEEN THE GOVERNMENT OF AUSTRALIA AND THE GOVERNMENT OF
NEW ZEALAND TO PROVIDE FOR THE TERMINATION OF THE CHRISTMAS ISLAND
AGREEMENT 1958-81

The Government of Australia and the Government of New Zealand, (hereinafter
referred to as ''the said Governments''),

Desiring to revise their mutual rights and obligations under the Christmas
Island Agreement 1958-81, in the light of the proposed winding up of the
Christmas Island Phosphate Commission

HAVE AGREED AS FOLLOWS:

ARTICLE I

The Christmas Island Phosphate Commission constituted under the Agreement made
on 26 November 1949 between the Government of Australia and the Government of
New Zealand, and incorporated by the Christmas Island Agreement
Act 1949 of Australia (hereinafter referred to as ''the Commission''), shall
cease to function as soon as practicable after the date of entry into force of
this Agreement.

ARTICLE II

The Commission shall transfer or otherwise divest itself of all licences,
authority, powers, assets and liabilities at a date or dates and upon terms
acceptable to the said Governments.

ARTICLE III

The administration and distribution of moneys held in the special fund created
pursuant to paragraph 3 of Article 6 of the Christmas Island Agreement 1958-81
shall, from the date of entry into force of this Agreement, be the
responsibility of the Government of Australia.

ARTICLE IV

The Christmas Island Agreement 1958-81 and this Agreement shall,
notwithstanding Article 14 of the Christmas Island Agreement 1958-81,
terminate when the Commission ceases to function.

ARTICLE V

This Agreement shall enter into force on the date on which the Government of
Australia notifies the Government of New Zealand that it has completed the
processes necessary in Australia to give effect to this Agreement.

IN WITNESS WHEREOF the undersigned, duly authorised thereto, have signed the
present Agreement and affixed thereto their seals.

DONE at Canberra this Twenty-second day of November 1982.

              A. A. STREET                           L. J. FRANCIS


                For the                                 For the
        Government of Australia               Government of New Zealand''.
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