Goldfields Tattersalls Club (Inc.) Act 1986 (WA)
Western Australia
This Act was repealed by the
Western Australia
Western Australia
Goldfields Tattersalls Club (Inc.) Act 1986Preamble
WHEREAS:
(a) The Goldfields Tattersalls Club Limited was incorporated under the
Companies Act 1893 on 19 December 1905 as a company with limited liability;(b) at an annual General Meeting of the Company held on 15 August 1979, it was resolved to the effect that steps be taken to form an association, having similar aims and objects to those of the Company, to be incorporated under the
Associations Incorporation Act 1895 by the name of the Goldfields Tattersalls Club (Inc.) and that, when the Association has been incorporated, the assets of the Company shall be vested in, and its liabilities and membership shall be transferred to, the Association;(c) under section 4A of the
Associations Incorporation Act 1895 an association cannot be incorporated under that Act by a name which is identical with that by which a company is registered under theCompanies (Western Australia) Code ;(d) under its memorandum and articles of association the Company is not empowered to effect a dissolution by which its assets are distributed to another body with similar aims and objects as now proposed;
and
(e) it is deemed proper in the circumstances that the Company be dissolved and that its assets be vested in the Association, when it is incorporated under the
Associations Incorporation Act 1895 .
Be it enacted by the Queen’s Most Excellent Majesty, by and with the advice and consent of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows: —
This Act may be cited as the
In this Act, unless the contrary intention appears —
Notwithstanding section 4A of the
When a certificate of incorporation is duly granted under section 3 of the
(a) the Company shall be dissolved and shall be struck off the register kept by the National Companies and Securities Commission under the
Companies (Western Australia) Code ;(b) all the real and personal property of the Company and every interest therein of the Company subsisting on or immediately before that date shall, by force of and subject to this Act, without any conveyance, transfer or assignment, be transferred to, vest in and become the property of the Association, subject to any trusts, debts and liabilities affecting such property;
(c) all other rights, liabilities and obligations of the Company subsisting on or immediately before that date shall be preserved, vested in, carried on, continued and assumed completely and without any abatement or cessation in any respect whatever, by the Association;
(d) all uncompleted contracts or engagements entered into by any person or persons with the Company on or before that date shall, to the extent that they are uncompleted, be deemed to have been entered into with the Association;
(e) every member of the Company shall become a member of the Association, in the class appropriate to his membership, without payment of any entrance fee; and
(f) any person who on that date occupied a position as an employee of the Company shall become an occupant of a position as an employee of the Association and a person who becomes an employee of the Association by reason of this paragraph shall retain his existing and accruing rights in relation to leave and other benefits, and for the purpose of determining such rights, his service with the Association shall be regarded as continuous with his service with the Company.
Any instrument executed for the purpose of vesting or registering the property of the Company in the Association, under this Act, shall be exempt from stamp duty chargeable under the
From the date referred to in section 4, any licence, provisional certificate or permit previously granted or issued to the Company under the
40 of 1986 | 1 Aug 1986 | 29 Aug 1986 | |
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