Public Sector Employment and Management (Treasurer) Order 2005 (NSW)

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2005 No 564

New South Wales

Public Sector Employment and

Management (Treasurer) Order 2005

under the

Public Sector Employment and Management Act 2002

MARIE BASHIR, Governor I, Professor Marie Bashir AC, Governor of the State of New South Wales, with the advice of the Executive Council, and in pursuance of Chapter 4 of the Public Sector Employment and Management Act 2002, make the following Order.

Dated, this 14th day of September 2005.

By Her Excellency’s Command,

MORRIS IEMMA, M.P.,

Premier

Published in Gazette No 115 of 14 September 2005, page 7429 Page 1
2005 No 564
Clause 1 Public Sector Employment and Management (Treasurer) Order 2005

Public Sector Employment and Management (Treasurer)

Order 2005

under the

Public Sector Employment and Management Act 2002

1      Name of Order

This Order is the Public Sector Employment and Management
(Treasurer) Order 2005.

2      Definition

In this Order: statutory SOCs:

statutory SOC has the same meaning as in the State Owned

(a) Rail Corporation New South Wales,
(b) Rail Infrastructure Corporation,
(c) Transport Infrastructure Development Corporation.

3      Construction of references to Treasurer in relation to certain statutory SOCs

(1) A reference:

(a)

in paragraph (b) of the definition of eligible Ministers in section 3 (1) of the State Owned Corporations Act 1989, or

(b) in section 20H of that Act,

to the Treasurer is to be construed as a reference to the Minister for

Finance if the reference is used in relation to a statutory SOC.

(2)

A reference in any other instrument (including the constitution of a statutory SOC), or in any contract or agreement, to the Treasurer is to be construed as a reference to the Minister for Finance if the reference is used in relation to the Treasurer’s functions as a voting shareholder of a statutory SOC.

2005 No 564

Public Sector Employment and Management (Treasurer) Order 2005 Clause 4

4      Consequential provision

On the commencement of this Order:

(a)

each share in a statutory SOC held by the Treasurer immediately before that commencement is taken to be transferred to the Minister for Finance, and

(b) the statutory SOC concerned is required to register the transfer.

BY AUTHORITY

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