South Australia
Economic Development Act 1993
An Act to promote the economic development of the State; and for other purposes.
Contents
Part 1—Preliminary
1Short title
3Objects
4Interpretation
5Collective name
Part 2—Economic Development Board
Division 1—Establishment of the Board
6Establishment of the Board
7Ministerial control
Division 2—The Chief Executive Officer
8Chief Executive Officer
Division 3—The Board's membership
9Composition of the Board
10Conditions of membership
11Remuneration
Division 4—The Board's procedures
15Proceedings
Part 3—Functions and powers of the Board
16Functions of the Board
17Powers of the Board
18Annual report
Part 4—Miscellaneous
19Budgets
20Banking and investment
21Accounts and audit
22Regulations
Legislative history
Appendix—Divisional penalties and expiation fees
The Parliament of South Australia enacts as follows:
Part 1—Preliminary
1—Short title
This Act may be cited as the Economic Development Act 1993.
3—Objects
The objects of this Act are—
(a)to promote internationally focused, competitive, market-driven and sustainable economic development throughout the State;
(b)to promote a productive partnership or collaboration between public and private enterprise in the State;
(c)to encourage and facilitate investment, and industrial and commercial development, in the State;
(d)to contribute to public understanding of the issues affecting the economic development of the State;
(e)to establish the Economic Development Board as the State's primary agency for determining, co-ordinating and implementing economic development strategies for the State.
4—Interpretation
In this Act, unless the contrary intention appears—
Board means the Economic Development Board established under this Act;
CEO means the Chief Executive Officer of the Board.
Note—
For definition of divisional penalties (and divisional expiation fees) see Appendix.
5—Collective name
The Board, the CEO and the other staff of the Board may be collectively referred to as the Economic Development Authority.
Part 2—Economic Development Board
Division 1—Establishment of the Board
6—Establishment of the Board
(1)The Economic Development Board is established.
(2)The Board is a body corporate.
(3)The Board is an instrumentality of the Crown and holds its property on behalf of the Crown.
7—Ministerial control
(1)The Board is subject to control and direction by the Minister.
(2)No Ministerial direction can be given to suppress information or recommendations from a report by the Board under this Act.
(3)The Minister must ensure that copies of any Ministerial direction given under this section are laid before both Houses of Parliament within 6 sitting days after the direction is given.
(4)The Board must, in relation to each financial year, enter into a performance agreement with the Minister obliging the Board to meet performance targets established by the agreement in that financial year.
(5)A direction given during a particular financial year or a performance agreement for a particular financial year must be published in the report of the Board for that financial year.
Division 2—The Chief Executive Officer
8—Chief Executive Officer
(1)The office of Chief Executive Officer (CEO) of the Board is established.
(2)The CEO is, subject to the control and direction of the Board, responsible for—
(a)managing the staff and resources of the Board; and
(b)giving effect to the policies and decisions of the Board.
(3)The CEO is to…