Western Australian Consolidated Acts Western Australian Consolidated Acts[Section 43(3) and (4)]
[Division 1 omitted under the Reprints Act 1984 s. 7(4)(e).]
Division 2 — Transitional provisions
In this Division —
Bank has the meaning given by section 19;
the 1990 Act means the Bank of Western Australia
Act 1990 3 .
12. Auditor General may disclose information
(1) Despite section 91
of the Financial Administration and Audit Act 1985, the Auditor General
may disclose to another auditor or provide another auditor with access to,
information in his or her possession or under his or her control for the
purposes of the audit of the Bank’s accounts for the financial year
during which the Bank is privatised under Part 2.
(2) In
subsection (1) another auditor means an auditor, other than the Auditor
General, who is appointed by the Bank to audit the Bank’s accounts for
the financial year referred to in subclause (1).
13. Payments under repealed section 31 up to day
of privatisation
(1)
The repeal of section 31 of the 1990 Act 10 does not affect the
liability of the Bank under that section in respect of the period from the
preceding 1 October to the day on which the Bank becomes liable to tax
referred to in that section.
(2) For the purposes
of subsection (1), section 31 has effect, despite its repeal, as if the
period referred to in subsection (1) were a financial year.
14. Agreements under section 33(4a)
The repeal of section 33 of the 1990
Act 11 does not affect any agreement made under subsection (4a) of
that section so far as it applies to a period after the repeal, and any such
agreement continues in force as if it had been made under section 21(2) of
this Act.
15. Securities taken as agent of Crown
(1) Any security for the
repayment of advances vested in the Bank immediately before the commencement
of section 43 that was taken by the Bank or a predecessor of the Bank as
agent, trustee or nominee of the Crown in right of the State is vested in the
Treasurer on the commencement of that section.
(2) Any relevant
official who records or registers documents under a written law is to take
cognizance of subclause (1) and is authorised to make any entry or memorial or
register any document necessary to show the effect of that subclause.
(3) A statement in an
instrument executed by or on behalf of the Treasurer that any security has
become vested in the Treasurer under subclause (1) is evidence of that fact.
(4) If any question
arises as to whether a security comes within subclause (1) the question
is to be determined by the Treasurer after consultation with the Bank.