State Trading Concerns Act Amendment Act (No. 1) 1932 (WA)

No. 11.] State Trading Concerns (No. 1). [1932.

STATE TRADING CONCERNS (No. 1).

23"- GEO. No. XL

No. 11 of 1932.

AN ACT to provide for the discontinuance of the State Implement and Engineering Works as a State Trading Concern, and for other relative purposes.

[Assented to 7th November, 1932].

Council and Legislative Assembly of Western Australia, inBE it enacted by the King's Most Excellent Majesty, byand with the advice and consent of the Legislative

this present Parliament assembled, and by the authority of

the same, as follows:—

Short title: 1.

This Act may be cited as the State Trading Concerns Act Amendment Act (No. 1), 1932, and shall be read as one with the State Trading Concerns Act, 1916 (No. 12 of 1917), hereinafter referred to as the principal Act.

Operation. 2. This Act shall come into operation on a clay to be fixed

by proclamation.

intendment of 3.

The schedule to the principal Act is amended by de- leting therefrom the name of the State Implement and En- gineering Works (hereinafter referred to as "the said works"), and also all the words and figures relating to the said works set forth in the said schedule.

chedule,

'ratting concern

Washed. 4.

(1). The State trading concern hitherto known as the State Implement and Engineering Works is hereby abolished, and the corporate body heretofore constituted under that name is dissolved.

(2.) On and from the commencement of this Act, and by virtue of this Act

(a) all the assets, rights, liabilities, and obligations of

the said works shall be divested from the said

1932.] State Trail ) 19 ( (al ins (No. 11. (No. 11.

works, and shall be vested in and shall attach to and may be enforced by and against the Minister of Public Works on behalf of or as the represen- tative of II is Majesty the King;

(b)

all proceedings and things lawfully had and clone by the said works prior to the commencement of this Act shall be and continue to be in full force and effect, and if the same are not completed may be continued and completed by the Minister of Public Works under this Act;

(c)

where in any contract or other instrument entered into by or with the said works as a State trading concern under the authority of the principal Act, and still subsisting, a reference is made to the said works, then for any purpose arising in connection with such contract or instrument after the com- mencement of this Act, such reference shall be deemed to be a reference to the Minister of Public Works.

5. As soon as reasonably may be proper statements shall iitrit:Irrte tedas anr I'd

be prepared showing the capital, assets, liabilities, and ohli- audited. the Auditor General.

gations of the said works as at the commencement of this

6.    The capital and assets of the said works, which by Application of

virtue of this Act are vested in the Minister of Public Works, ogieT

are hereby charged in the bands of the said Minister with Minister.

the payment and satisfaction of the liabilities and obliga-

tions of the said works, which by virtue of this Act are

attached to and enforceable against the said Minister, but

subject to such charge the said capital and assets shall be

applied and used in and for the purposes of the Department

of Public Works in the course of the administration of that

Department.

7.    In so far as the capital and assets of the said works Provision for pay

cannot conveniently be used or realised for the purpose of rektcess	i si-	ot	of capital
liabilities

paying and satisfying the liabilities and obligations of the and assets.

said works, such liabilities and obligations may be paid and satisfied by such other means as the Governor shall by Order in Council direct.