Western Australian Consolidated Acts

GOLD CORPORATION ACT 1987 - SECT 53

53 .         Payments to Gold Corporation

                GoldCorp shall pay to Gold Corporation in respect of each financial year any amount determined by the Board to be — 

            (a)         the proportion of the expenses of Gold Corporation attributable to GoldCorp;

            (b)         the amount of a dividend that is payable from all or part of the profits of GoldCorp from its operations during the financial year; and

            (c)         the proportion of the payment made by Gold Corporation under section 5 of the State Enterprises (Commonwealth Tax Equivalents) Act 1996 that is attributable to the operations of GoldCorp during the financial year.

        [Section 53 amended by No. 10 of 1990 s. 6; No. 70 of 2003 s. 35.]