Public Authorities (Financial Arrangements) Act 1987 - Public Authorities (Financial Arrangements) Amendment (Rice Marketing Board) Regulation 2001 (2001-722) [GG No 135 of 7.9.2001, p 7562] (NSW)

2001 No 722

Public Authorities (Financial New South Wales

Arrangements) Amendment (Rice Marketing Board) 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 exclude the Rice Marketing Board from the definition of authority for the purposes of Part 2C of the Public Authorities (Financial Arrangements) Act 1987, which regulates guarantees. As a result, the repayment of certain financial accommodation obtained by the Rice Marketing Board will not be subject to a Government guarantee under Part 2C.

This Regulation is made under the Public Authorities (Financial Arrangements) Act 1987, including the definition of authority in section 3 (1), section 3 (4) and section 43 (the general regulation-making power).

Published in Gazette No 135 of 7 September 2001, page 7562	Page 1
[4]
2001 No 722
Clause 1	Public Authorities (Financial Arrangements) Amendment (Rice Marketing Board) Regulation 2001

Public Authorities (Financial Arrangements)
Amendment (Rice Marketing Board) Regulation 2001

1. Name of Regulation

   This Regulation is the Public Authorities (Financial Arrangements)

   Amendment (Rice Marketing Board) 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 722

Public Authorities (Financial Arrangements) Amendment (Rice Marketing

Board) Regulation 2001

Amendments	Schedule 1
Schedule 1	Amendments

(Clause 2)

1. Clause 57A Entities excluded from definition of “authority”

   Insert after clause 57A (2A):

(2B) The Rice Marketing Board is prescribed as not being within the definition of authority in section 3 (1) of the Act for the purposes of Part 2C of the Act.

1. Clause 57A (3)

   Omit “(2) or (2A)” wherever occurring. Insert instead “(2), (2A) or (2B)”.

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