Public Authorities (Financial Arrangements) Amendment (Reliance Rail) Regulation 2012 (NSW)

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2012 No 21

New South Wales

Public Authorities (Financial

Arrangements) Amendment (Reliance

Rail) Regulation 2012

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.

MIKE BAIRD, MP

Treasurer

Explanatory note

The object of this Regulation is to authorise the Treasurer to make certain investments in including clause 2 (c) of Schedule 4.

Reliance Rail.

Published LW 3 February 2012 Page 1
2012 No 21 Public Authorities (Financial Arrangements) Amendment (Reliance Rail)
Clause 1 Regulation 2012

Public Authorities (Financial Arrangements) Amendment (Reliance Rail) Regulation 2012

under the

Public Authorities (Financial Arrangements) Act 1987

1      Name of Regulation

This Regulation is the Public Authorities (Financial Arrangements)
Amendment (Reliance Rail) Regulation 2012.

2      Commencement

This Regulation commences on the day on which it is published on the
NSW legislation website.

3 Amendment of Public Authorities (Financial Arrangements) Regulation 2005

Schedule 5 Authorities having additional investment powers

Insert after clause 13:

13A Treasurer

The following additional investments are prescribed in respect of the Treasurer:

(a) direct or indirect investments in shares, or options over shares, in Reliance Rail Holdings Pty Limited (ACN 111 280 169), Reliance Rail Pty Limited (ACN 111 280 427) and Reliance Rail Finance Pty Limited (ACN 120 380 805),
(b) direct or indirect investments in units or notes, or options over units or notes, in the Reliance Rail Holding Trust and the Reliance Rail Trust.
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