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TREASURY LEGISLATION (MISCELLANEOUS AMENDMENTS) BILL 2005

                 PARLIAMENT OF VICTORIA

 Treasury Legislation (Miscellaneous Amendments)
                     Act 2005
                                 Act No.


                       TABLE OF PROVISIONS
Clause                                                               Page

PART 1--PRELIMINARY                                                     1
  1.     Purposes                                                       1
  2.     Commencement                                                   2

PART 2--AMENDMENT OF FINANCIAL MANAGEMENT ACT
1994                                                                    3
  3.     Transmission of documents to Parliament                        3

PART 3--AMENDMENT OF STATE OWNED ENTERPRISES
ACT 1992                                                                4
  4.     Trade Practices Act 1974 of the Commonwealth                   4
  5.     Insertion of new section 86A                                   4
         86A. Competition policy authorisation--VicForests              4
                            

ENDNOTES                                                                6




                                     i
551368B.I1-13/9/2005                        BILL LA INTRODUCTION 13/9/2005

 


 

PARLIAMENT OF VICTORIA A BILL to amend the Financial Management Act 1994 and the State Owned Enterprises Act 1992 and for other purposes. Treasury Legislation (Miscellaneous Amendments) Act 2005 The Parliament of Victoria enacts as follows: PART 1--PRELIMINARY 1. Purposes The purposes of this Act are-- (a) to amend the Financial Management Act 1994-- 5 (i) to enable financial reports to be tabled with the budget; 1 551368B.I1-13/9/2005 BILL LA INTRODUCTION 13/9/2005

 


 

Treasury Legislation (Miscellaneous Amendments) Act 2005 Act No. Part 1--Preliminary s. 2 (ii) to provide requirements for the transmission by the Minister of certain documents to Parliament when neither House of the Parliament is sitting; (b) to amend the State Owned Enterprises Act 5 1992 to authorise certain activities for the purposes of Part IV of the Trade Practices Act 1974 of the Commonwealth and of the Competition Code. 2. Commencement 10 This Act comes into operation on the day after the day on which it receives the Royal Assent. __________________ 2 551368B.I1-13/9/2005 BILL LA INTRODUCTION 13/9/2005

 


 

Treasury Legislation (Miscellaneous Amendments) Act 2005 Act No. Part 2--Amendment of Financial Management Act 1994 s. 3 See: PART 2--AMENDMENT OF FINANCIAL MANAGEMENT Act No. ACT 1994 18/1994. Reprint No. 5 as at 3. Transmission of documents to Parliament 1 July 2003 and (1) After section 27D(3) of the Financial amending Management Act 1994 insert-- 5 Act Nos 43/2004 and "(3A) Despite sub-section (3), if in any financial 108/2004. LawToday: year the budget for the following financial www.dms. year (or, if applicable, the current financial dpc.vic. gov.au year) is delivered within 30 days after the due date set out in Column 2 of the Table for 10 a document (other than the budget update), the due date for the document is extended so as to allow the document to be transmitted to each House of the Parliament on the day on which the budget is delivered.". 15 (2) In section 27D(5) of the Financial Management Act 1994, for "when the Parliament is in recess" substitute "on a day on which neither House of the Parliament is actually sitting". (3) Section 27D(7) of the Financial Management 20 Act 1994 is repealed. __________________ 3 551368B.I1-13/9/2005 BILL LA INTRODUCTION 13/9/2005

 


 

Treasury Legislation (Miscellaneous Amendments) Act 2005 Act No. Part 3--Amendment of State Owned Enterprises Act 1992 s. 4 See: PART 3--AMENDMENT OF STATE OWNED ENTERPRISES Act No. ACT 1992 90/1992. Reprint No. 3 as at 4. Trade Practices Act 1974 of the Commonwealth 14 May 1998 and In section 86 of the State Owned Enterprises amending Act 1992, for "as amended and in force for the 5 Act Nos 74/2000, time being" substitute "and the Competition 24/2001 and Code". 44/2001. LawToday: 5. Insertion of new section 86A www.dms. dpc.vic. gov.au After section 86 of the State Owned Enterprises Act 1992 insert-- 10 '86A. Competition policy authorisation-- VicForests (1) For the purposes of Part IV of the Trade Practices Act 1974 of the Commonwealth and the Competition Code, any act or thing 15 done by or in relation to VicForests, or any director or officer on behalf of VicForests, that is specified in sub-section (2) as an act or thing or kind of act or thing to which this section applies, is specifically authorised if 20 the act or thing or kind of act or thing is done with the consent of the Treasurer. (2) This section applies to the following acts or things or kinds of acts or things-- (a) tendering or auction processes for the 25 allocation and sale of timber resources; (b) a contract, arrangement or understanding entered into in connection with the allocation or sale of timber resources; 30 (c) giving effect to a contract, arrangement or understanding of the kind referred to in paragraph (b); 4 551368B.I1-13/9/2005 BILL LA INTRODUCTION 13/9/2005

 


 

Treasury Legislation (Miscellaneous Amendments) Act 2005 Act No. Part 3--Amendment of State Owned Enterprises Act 1992 s. 5 (d) any thing done in connection with a process, contract, arrangement or understanding of the kind referred to in paragraph (a), (b) or (c). (3) This section does not apply to anything done, 5 or conduct engaged in, on or after 1 July 2015. (4) In this section-- "director" means a director of VicForests; "officer" means an officer of VicForests; 10 "VicForests" means the body known as "VicForests" that was established as a State body under section 14 and declared to be a State business corporation under section 17 by Orders 15 in Council dated 28 October 2003 published in the Government Gazette on that day.'. 5 551368B.I1-13/9/2005 BILL LA INTRODUCTION 13/9/2005

 


 

Treasury Legislation (Miscellaneous Amendments) Act 2005 Act No. Endnotes ENDNOTES By Authority. Government Printer for the State of Victoria. 6 551368B.I1-13/9/2005 BILL LA INTRODUCTION 13/9/2005

 


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