Public Authorities (Financial Arrangements) Act 1987 Public Authorities (Financial Arrangements) Amendment (Public Sector Mapping Agency) Regulation 2001 (2001-487) [GG No 103 of 29.6.2001, p 4700] (NSW)

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2001 No 487

Public Authorities (Financial New South Wales

Arrangements) Amendment (Public

Sector Mapping Agency)

Regulation 2001

under the

Public Authorities (Financial Arrangements) Act 1987

Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Public Authorities (Financial Arrangements) Act 1987.

MICHAEL EGAN, M.L.C.,

Treasurer

Explanatory note
The object of this Regulation is to expand the investment powers of the Department of Information Technology and Management. This Regulation will give the Department the power to invest in a share in a proposed incorporated joint venture to be known as PSMA Australia Ltd, being a joint venture of the Public Sector Mapping Agencies.

This Regulation is made under the Public Authorities (Financial Arrangements) Act 1987, including sections 3 (1) (Definitions), 24 (Investment powers of authorities) and 43 (the general regulation-making power).

Published in Gazette No 103 of 29 June 2001, page 4700 Page 1
[4]
2001 No 487
Clause 1 Public Authorities (Financial Arrangements) Amendment (Public Sector
Mapping Agency) Regulation 2001

Public Authorities (Financial Arrangements)
Amendment (Public Sector Mapping Agency)
Regulation 2001

1     Name of Regulation

This Regulation is the Public Authorities (Financial Arrangements)

Amendment (Public Sector Mapping Agency) Regulation 2001.

2 Amendment of Public Authorities (Financial Arrangements)

Regulation 2000

The Public Authorities (Financial Arrangements) Regulation 2000 is amended as set out in Schedule 1.

3 Notes

The explanatory note does not form part of this Regulation.

2001 No 487

Public Authorities (Financial Arrangements) Amendment (Public Sector

Mapping Agency) Regulation 2001

Amendment Schedule 1
Schedule 1 Amendment

(Clause 2)

Clause 52C

Insert in appropriate order:

52C Additional investment—Department of Information Technology
and Management

The following additional investment is prescribed in respect of the Department of Information Technology and Management for the purposes of clause 2 (c) of Schedule 4 to the Act:

Investment of $1 in one share in PSMA Australia Limited, being an incorporated joint venture of the Public Sector Mapping Agencies.

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