Commonwealth Numbered Acts Commonwealth Numbered Acts
* The first
step towards the new structure for the Australian Wheat Board will be the
establishment of the following companies (the designated companies ) to take
over the commercial activities of the Board:
(a) a wholly-owned subsidiary of the Board (in this Part called nominated company A );
(b) a number of wholly-owned subsidiaries of nominated company A.
* This
Part enables certain assets, contracts and liabilities to be
transferred from the Board to the designated companies.
* This Part
enables the transfer of staff from the Board to nominated company A.
* This Part also provides for ancillary matters in relation to the
takeover by the designated companies of the commercial activities of
the Board.