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STATE TRUSTEES (STATE OWNED COMPANY) (AMENDMENT) BILL 1999

                 PARLIAMENT OF VICTORIA

          State Trustees (State Owned Company)
                  (Amendment) Act 1999
                             Act No.


                     TABLE OF PROVISIONS
Clause                                           Page
  1.   Purposes                                     1
  2.   Commencement                                 2
  3.   New section 25A inserted                     2
       25A. Transfer of unallocated capital         2
  4.   Repeal                                       2
                        

NOTES                                               3




                                i
532187B.I1-13/4/99

 


 

PARLIAMENT OF VICTORIA A BILL to amend the State Trustees (State Owned Company) Act 1994 and for other purposes. State Trustees (State Owned Company) (Amendment) Act 1999 The Parliament of Victoria enacts as follows: 1. Purposes The purposes of this Act are-- (a) to transfer unallocated capital held in certain funds to the general funds of State Trustees; 5 and (b) to make amendments of a statute law revision nature. 1 532187B.I1-13/4/99

 


 

State Trustees (State Owned Company) (Amendment) Act 1999 s. 2 Act No. 2. Commencement This Act comes into operation on the day on which it receives the Royal Assent. 3. New section 25A inserted No. 45/1994. 5 After section 25 of the State Trustees (State Reprint No. 1 Owned Company) Act 1994 insert-- as at 29 January "25A. Transfer of unallocated capital 1998. Further amended by (1) The sum of $3 800 000 in Common Fund Nos 15/1998 and 52/1998. No. 1 (within the meaning of section 16) 10 immediately before the commencement of section 3 of the State Trustees (State Owned Company) (Amendment) Act 1999 becomes, on that commencement, part of the funds of State Trustees available for its 15 general purposes. (2) The sum of $2 300 000 held by State Trustees immediately before the commencement of section 3 of the State Trustee (State Owned Company) 20 (Amendment) Act 1999 in a common fund for the purposes for which Common Fund No. 2 (within the meaning of section 42 of the State Trust Corporation of Victoria Act 1987) was established, or for similar 25 purposes, becomes, on that commencement, part of the funds of State Trustees available for its general purposes.". 4. Repeal Parts 6, 7 and 8 of the State Trustees (State 30 Owned Company) Act 1994 and the Schedule to that Act are repealed. 2 532187B.I1-13/4/99

 


 

State Trustees (State Owned Company) (Amendment) Act 1999 Notes Act No. NOTES By Authority. Government Printer for the State of Victoria. 3 532187B.I1-13/4/99

 


 

State Trustees (State Owned Company) (Amendment) Act 1999 Act No. 4 532187B.I1-13/4/99

 


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