Australian Institute of Sport (Consequential Provisions) Act 1986 (Cth)
Section
1. Short title
2. Commencement
3. Expressions used in
Australian Institute of Sport Act 1986 4. Interpretation
5. Dissolution of Company, &c.
6. Company employees to become Institute employees
7. Terms and conditions applicable to persons deemed to be employed by Institute
8. Persons previously employed for specified terms
9. Persons to retain recreation and sick leave credits, &c.
10. Leave of absence deemed to have been granted
11. Probation
12. Transfer of assets to, and assumption of liabilities by, Institute
13. Instruments
14. Certificates with respect to assets, liabilities and instruments
15. Saving of proceedings
16. Exemption from taxation
17. Application of Division 2 of Part XI of Audit Act in relation to year ending on 30 June 1987
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BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:
1. This Act may be cited as the
2. This Act shall come into
operation on the day on which the
3. Except as otherwise provided,
expressions used in this Act that are also used in the
“assets” means property of every kind and, without limiting the generality of the foregoing, includes—
(a) choses in action; and
(b) rights, interests and claims of every kind in or to property, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing;
“authorised officer” means—
(a) the Minister;
(b) the Director; or
(c) a person appointed by the Board for the purposes of this definition;
“Company” means the company named “Australian Institute of Sport” that was incorporated on 24 September 1980 under the
Companies Ordinance 1962 of the Australian Capital Territory;“liabilities” means liabilities of every kind and, without limiting the generality of the foregoing, includes obligations of every kind, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing;
“relevant instrument” means an instrument—
(a) to which the Company is a party;
(b) that was given to or in favour of the Company;
(c) in which a reference is made to the Company; or
(d) under which money is or may become payable, or any other property is to be, or may become liable to be, transferred, conveyed or assigned, to or by the Company,
being an instrument subsisting immediately before the commencement of this Act, but does not include an instrument relating to the employment by the Company of, or the provision of services to the Company by, a person who was, immediately before the commencement of this Act, a member of the Board of Management of the Company.
(a) the person retains the rights, if any, in respect of—
(i) recreation leave; and
(ii) leave on the ground of illness,
that had accrued to the person immediately before the commencement of this Act as an employee of the Company; and
(b) the period of service of the person with the Company, being service that was recognised by the Company as service for the purposes of determining leave and other entitlements, counts, for the purposes of determining those entitlements of the person as an employee of the Institute, as if it were service with the Institute.
(a) the person shall be deemed to have been granted leave of absence from his or her employment by the Institute in accordance with the terms and conditions of his or her employment with the Institute or in accordance with the
Long Service Leave (Commonwealth Employees) Act 1976 or theMaternity Leave (Commonwealth Employees) Act 1973, as the case requires, for the part (in this section referred to as the “relevant period”) of the period that occurs on or after the day on which this Act comes into operation and for the purpose for which the person had been granted leave of absence from his or her employment by the Company; and(b) if the person was paid salary or allowances in respect of the whole or a part of the relevant period, the payment shall be deemed to have been made by the Institute in respect of leave that is deemed to have been granted under this section.
(a) subject to paragraph (b), the person shall be taken to be employed by the Institute on probation for the balance of that period; and
(b) any decision made before that day under the terms and conditions of the person’s employment by the Company that the period of probation of the person be extended has effect, on and after that day, as if it were a decision made under and in accordance with the terms and conditions of the person’s employment with the Institute.
(a) the assets of the Company subsisting immediately before the commencement of this Act cease to be assets of the Company and become assets of the Institute; and
(b) the liabilities of the Company subsisting immediately before the commencement of this Act cease to be liabilities of the Company and become liabilities of the Institute.
(a) an asset specified or described in the certificate is an asset referred to in paragraph 12 (1) (a);
(b) a liability specified or described in the certificate is a liability referred to in paragraph 12 (1) (b); or
(c) an instrument specified or described in the certificate is a relevant instrument,
and
such a certificate is, in all courts and for all purposes,
shall be taken of the signature of that person and of the fact that the person is or was such an authorised officer.
(a) sub-sections 63g (3) and (4) were omitted and the following sub-sections were substituted:
“(2a) The Auditor-General may inspect and audit such of the accounts and records of financial transactions (including transactions relating to money received or held on trust) of the company named ‘Australian Institute of Sport’ that was incorporated on 24 September 1980 under the
Companies Ordinance 1962 of the Australian Capital Territory and records relating to the assets (including assets held on trust) of, or in the custody of, the company, being accounts and records in so far as they—(a) relate to the period commencing on 1 July 1986 and ending immediately before the Australian
Institute of Sport Act 1986 came into operation; and(b) have become assets of the authority under section 12 of that Act,
and shall forthwith draw the attention of the appropriate Minister in relation to the authority to any irregularity disclosed by the inspection and audit that is, in the opinion of the Auditor-General, of sufficient importance to justify the Auditor-General in so doing.
“(3) The Auditor-General shall—
(a) at least once in the year ending on 30 June 1988, report to the appropriate Minister the results of the inspection and audit carried out under sub-section (1) of the accounts and records of the authority in so far as they relate to the period commencing on the day on which the
Australian Institute
of Sport Act 1986 came into operation and ending on the expiration of 30 June 1987; and(b) at the time at which the Auditor-General makes the first such report to that Minister, also report to that Minister the results of any inspection and audit, carried out by the Auditor-General under this Act or any other Act, of the accounts and records of the company referred to in sub-section (2a) in so far as they relate to the period commencing on 1 July 1986 and ending immediately before the
Australian Institute of Sport Act 1986 came into operation.“(4) The Auditor-General or a person authorised by the Auditor-General is entitled at all reasonable times to full and free access to—
(a) all accounts and records of the authority relating directly or indirectly to the receipt or payment of money by the authority or to the acquisition, receipt, custody or disposal of assets by the authority; and
(b) all accounts and records of the company referred to in sub-section (2a) that have become assets of the authority under section 12 of the
Australian Institute of Sport Act 1986, being accounts and records relating directly or indirectly to the receipt or payment of money (including money received or held by the company on trust) by the company or to the acquisition, receipt, custody or disposal of assets (including assets received or held by the company on trust) by the company.”; and(b) section 63h were omitted and the following section were substituted:
“63h. (1) The authority shall, as soon as practicable after 30 June 1987, prepare and submit to the appropriate Minister in relation to the authority a report of—
(a) the operations of the company referred to in sub-section 63g (2a) during the period (in this section referred to as the ‘first period’) commencing on 1 July 1986 and ending immediately before the
Australian Institute of Sport Act 1986 came into operation; and(b) the operations of the authority during the period (in this section referred to as the ‘second period’) commencing on the day on which that Act came into operation and ending on the expiration of 30 June 1987,
together with financial statements in respect of the year ending on 30 June 1987, in such form as the Minister administering this Act approves, that—
(c) in so far as they are statements in respect of the first period, relate to the company during that period; and
(d) in so far as they are statements in respect of the second period, relate to the authority during that period.
“(1a) The report referred to in sub-section (1) shall, in so far as it relates to the company referred to in sub-section 63g (2a), be prepared by the authority having regard to—
(a) such of the accounts and records of the company as have become assets of the authority under section 12 of the
Australian Institute of Sport Act 1986 ; and(b) any information concerning the operation of the company that is given to the authority by persons who were members of the Board of Management or staff of the company.
“(1b) The financial statements referred to in sub-section (1) shall, in so far as they relate to the company referred to in sub-section 63g (2a), be based on the accounts and records referred to in paragraph (1a) (a) of this section.
“(2) Before submitting financial statements to the appropriate Minister under sub-section (1), the authority shall submit them to the Auditor-General, who shall report to the appropriate Minister—
(a) whether, in the opinion of the Auditor-General, the statements are based on proper accounts and records;
(b) whether the statements are in agreement with the accounts and records and, in the opinion of the Auditor-General, show fairly—
(i) the financial transactions of the company referred to in sub-section 63g (2a) during the first period; and
(ii) the financial transactions and the state of affairs of the authority during the second period;
(c) whether, in the opinion of the Auditor-General, the receipt, expenditure and investment of monies and the acquisition and disposal of assets, by the company during the first period have been in accordance with the law;
(d) whether, in the opinion of the Auditor-General, the receipt, expenditure and investment of monies and the acquisition and disposal of assets, by the authority during the second period have been in accordance with the enactment establishing the authority; and
(e) as to such matters arising out of the statements as the Auditor-General considers should be reported to the appropriate Minister.
“(3) The appropriate Minister shall cause copies of the report and financial statements together with a copy of the report of the
Auditor-General to be laid before each House of the Parliament within 15 sitting days of that House after their receipt by the appropriate Minister.”.
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House of Representatives on 17 April 1986
Senate on 29 May 1986
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