Victorian Consolidated Legislation

Emerald Tourist Railway Act 1977 - SECT 4

Matters to be provided for by Order in Council

4. Matters to be provided for by Order in Council

The Order in Council providing for the establishment of the Board shall
subject to this Act-

   (a)  if the Board is the successor of some other body or bodies corporate
        or unincorporate-specify that fact and the name of the body or bodies
        the Board succeeds and general particulars of the undertaking which is
        intended to pass to the Board upon the incorporation of the Board;

   (b)  state the total amount of money which may be granted or lent pursuant
        to the provisions of this Act by the Minister to the Board for the
        purposes of this Act and also the amount which the Board may borrow by
        way of overdraft or loan;

   (c)  provide for the winding up of the Board in circumstances in which a
        company may be wound up under the Companies Act 1961;

   (d)  contain such other provisions as the Governor in Council thinks fit in
        the circumstances; and

   (e)  be published in the Government Gazette.