State Trading Concerns Act Amendment Act (No. 2) 1932 (WA)

No. 5.] State Trading Concerns (No. 2). [1932.

STATE TRADING CONCERNS (No. 2).

23' GEo. V., No. V.

No 5 of 1932,

AN ACT to provide for the discontinuance of the State Ferries as a State Trading Concern and for other relative purposes,

[Assented to 31st October, 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 Otte. 1. This Act may be cited as the State Trading Concerns

Act Amendment Act (No. 2), 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 day to be fixed by proclamation.

Amendment of 3.

The schedule to the principal Act is amended by deleting therefrom the name of the State Ferries (herein- after referred to as " the said Ferries"), and also all the words and figures relating to the said Ferries set forth in the said schedule.

schedule.

'Eroding concern 4.

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

abolished.

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

(a) all the assets and rights of the said Ferries shall be divested from the said Feiiries, and shall be vested in the Minister for Railways on behalf of His Majesty the King, and all the liabilities and obligations of the said Ferries shall attach to and may be enforced against the Commissioner of

19•2.] State Trading Concerns (No. :2). [No. 5.

Railways for the time being appointed under the provisions of the Government Railways Act, 1904, as the representative of His Majesty the King ;

(b) all proceedings and things lawfully had and clone by the said Ferries prior to the commencement of this Act shall be and continue to be in full force and effect, and if the same are not com- pleted may be continued and completed by the Commissioner of Railways aforesaid under this Act ;

(e) where in any contract or other instrument entered into by or with the said Ferries as a State trading concern under the authority of the principal Act, and still subsisting, reference is made to the said Ferries, then for any purpose arising in con- nection with such contract or other instrument after the commencement of this Act, such refer- ence shall be deemed to be a reference to the Commissioner of Railways aforesaid.

5.    As soon as reasonably may be proper statements stet menuto be

shall be prepared showing the capital, assets, liabilities, P P• •

and obligations of the said Ferries as at the commencement

of this Act.

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

virtue of this Act are vested in the Minister for Railways, `e 'rdlirtleas"" b

are here y charged m the hands of the said Minister with the payment and satisfaction of the liabilities and obliga- tions of the said Ferries, which by virtue of this Act are attached to and enforceable against the said Commissioner of Railways, but subject to such charge the said capital and assets may be applied and used in and for the purposes of providing traffic facilities on water under the control and management of the said Commissioner of Railways as authorised by any Act now in force or which may hereafter be passed relating to the provision, control, and manage- ment of such traffic facilities. t".

are insufficient or cannot conveniently be used or realised payment 7 Insofar as the capital and assets of the said Ferries provision for

for the purpose of paying and satisfying the liabilities and capital and assets.	of
obligations of the said Ferries, or may be required for pro- viding traffic facilities as aforesaid, such liabilities and obligations may be paid and satisfied by such other means as the Governor shall by Order in Council direct.