Australian Institute of Sport (Consequential Provisions) Act 1986

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No. 104 of 1986

TABLE OF PROVISIONS

Section

1. Short title

2. Commencement

3. Expressions used in Australian Institute of Sport Act 1986

4. Interpretation

5. Dissolution of Company, &c.

6. Company employees to become Institute employees

7. Terms and conditions applicable to persons deemed to be employed by Institute

8. Persons previously employed for specified terms

9. Persons to retain recreation and sick leave credits, &c.

10. Leave of absence deemed to have been granted

11. Probation

12. Transfer of assets to, and assumption of liabilities by, Institute

13. Instruments

14. Certificates with respect to assets, liabilities and instruments

15. Saving of proceedings

16. Exemption from taxation

17. Application of Division 2 of Part XI of Audit Act in relation to year ending on 30 June 1987

Australian Institute of Sport (Consequential Provisions) Act 1986

No. 104 of 1986

An Act to provide for the dissolution of the company named Australian Institute of Sport in consequence of the establishment of a statutory authority by that name and for related purposes

[Assented to 23 October 1986]

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:

Short title

1. This Act may be cited as the Australian Institute of Sport (Consequential Provisions) Act 1986.

Commencement

2. This Act shall come into operation on the day on which the Australian Institute of Sport Act 1986 comes into operation.

Expressions used in Australian Institute of Sport Act 1986

3. Except as otherwise provided, expressions used in this Act that are also used in the Australian Institute of Sport Act 1986 have the same respective meanings as they have in that Act.

Interpretation

4. In this Act, unless the contrary intention appears—

“assets” means property of every kind and, without limiting the generality of the foregoing, includes—

(a) choses in action; and

(b) rights, interests and claims of every kind in or to property, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing;

“authorised officer” means—

(a) the Minister;

(b) the Director; or

“Company” means the company named “Australian Institute of Sport” that was incorporated on 24 September 1980 under the Companies Ordinance 1962 of the Australian Capital Territory;

“liabilities” means liabilities of every kind and, without limiting the generality of the foregoing, includes obligations of every kind, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing;

“relevant instrument” means an instrument—

(a) to which the Company is a party;

(b) that was given to or in favour of the Company;

(d) under which money is or may become payable, or any other property is to be, or may become liable to be, transferred, conveyed or assigned, to or by the Company,

being an instrument subsisting immediately before the commencement of this Act, but does not include an instrument relating to the employment by the Company of, or the provision of services to the Company by, a person who was, immediately before the commencement of this Act, a member of the Board of Management of the Company.

Dissolution of Company, &c.

5. (1) On the commencement of this Act, the Company is hereby dissolved.

(2) As soon as practicable after the commencement of this Act, the Commission shall cancel the registration of the Company, and of the name of the Company, under the Companies Act 1981.

(3) The cancellation of the registration of the name of the Company in accordance with sub-section (2) shall be deemed to be a cancellation of the name under Division 2 of Part III of the Companies Act 1981.

(4) Nothing in section 460 of the Companies Act 1981 applies to give the Commission power to do, or cause to be done, any act as representative of the Company.

(5) In this section, “Commission” means the National Companies and Securities Commission.

Company employees to become Institute employees

6. (1) Where a person was, immediately before the commencement of this Act, an employee of the Company, the person shall, on and after the commencement of this Act, be deemed to be employed by the Institute under section 32 of the Australian Institute of Sport Act 1986 and not to be employed by the Company.

(2) Sub-section (1) does not apply to a person who was, immediately before the commencement of this Act, a member of the Board of Management of the Company.

Terms and conditions applicable to persons deemed to be employed by Institute

7. Where a person is deemed by section 6 to be employed by the Institute under section 32 of the Australian Institute of Sport Act 1986, the Board shall, unless it makes, on the day on which this Act comes into operation, a determination of new terms and conditions under that section of that Act, be deemed to have determined under that section that, pending the making of such a determination of new terms and conditions, the terms and conditions of the person’s employment are the terms and conditions of employment that were applicable to the employment of the person by the Company immediately before the commencement of this Act.

Persons previously employed for specified terms

8. Without otherwise limiting the generality of section 32 of the Australian Institute of Sport Act 1986 or of section 7 of this Act in relation to the determination of the terms and conditions of employment applicable to persons who are deemed to be employed by the Institute, any of those persons who, immediately before being deemed to be so employed, was employed for a specified term as an employee of the Company shall be taken to be employed by the Institute for the balance of that term.

Persons to retain recreation and sick leave credits, &c.

9. Where a person is deemed by section 6 to be employed by the Institute—

(a) the person retains the rights, if any, in respect of—

(i) recreation leave; and

(ii) leave on the ground of illness,

that had accrued to the person immediately before the commencement of this Act as an employee of the Company; and

(b) the period of service of the person with the Company, being service that was recognised by the Company as service for the purposes of determining leave and other entitlements, counts, for the purposes of determining those entitlements of the person as an employee of the Institute, as if it were service with the Institute.

Leave of absence deemed to have been granted

10. Where a person who is deemed by section 6 to be employed by the Institute was granted leave of absence from his or her employment by the Company for a period commencing on or before the day on which this Act comes into operation and ending on or after that day—

(a) the person shall be deemed to have been granted leave of absence from his or her employment by the Institute in accordance with the terms and conditions of his or her employment with the Institute or in accordance with the Long Service Leave (Commonwealth Employees) Act 1976 or the Maternity Leave (Commonwealth Employees) Act 1973, as the case requires, for the part (in this section referred to as the “relevant period”) of the period that occurs on or after the day on which this Act comes into operation and for the purpose for which the person had been granted leave of absence from his or her employment by the Company; and

(b) if the person was paid salary or allowances in respect of the whole or a part of the relevant period, the payment shall be deemed to have been made by the Institute in respect of leave that is deemed to have been granted under this section.

Probation

11. (1) Subject to sub-section (2), all persons who are deemed by section 6 to be employed by the Institute shall be deemed not to be employed on probation.

(2) Where a person who is deemed by section 6 to be employed by the Institute was, before the day on which this Act comes into operation, employed by the Company on probation and the period of that probation had not expired before that day—

(a) subject to paragraph (b), the person shall be taken to be employed by the Institute on probation for the balance of that period; and

(b) any decision made before that day under the terms and conditions of the person’s employment by the Company that the period of probation of the person be extended has effect, on and after that day, as if it were a decision made under and in accordance with the terms and conditions of the person’s employment with the Institute.

Transfer of assets to, and assumption of liabilities by, Institute

12. (1) On the commencement of this Act—

(a) the assets of the Company subsisting immediately before the commencement of this Act cease to be assets of the Company and become assets of the Institute; and

(b) the liabilities of the Company subsisting immediately before the commencement of this Act cease to be liabilities of the Company and become liabilities of the Institute.

(2) Where an asset that becomes an asset of the Institute by virtue of sub-section (1) was, immediately before the commencement of this Act, held by the Company on trust, the asset shall, on and after the commencement of this Act, be held on trust by the Institute subject to the terms of the trust on which the asset was so held by the Company.

(3) Investments of the Company (other than investments of money held on trust by the Company) that become, by virtue of sub-section (1), assets of the Institute shall be deemed to have been duly made in accordance with section 63e of the Audit Act 1901 as applied by sub-section 38 (1) of the Australian Institute of Sport Act 1986.

(4) The liabilities of the Company to make payments, being liabilities that become, by virtue of sub-section (1), liabilities of the Institute, shall be met by the Institute as they fall due as if they were liabilities incurred by the Institute in the performance of the functions, and the exercise of the powers, of the Institute.

Instruments

13. A relevant instrument continues to have effect on and after the commencement of this Act but, in its operation in relation to acts, transactions, matters or things done, entered into or occurring on or after the commencement of this Act, has effect as if a reference in the instrument to the Company were a reference to the Institute.

Certificates with respect to assets, liabilities and instruments

14. (1) An authorised officer may, by writing, certify that—

(a) an asset specified or described in the certificate is an asset referred to in paragraph 12 (1) (a);

(b) a liability specified or described in the certificate is a liability referred to in paragraph 12 (1) (b); or

and such a certificate is, in all courts and for all purposes, prima facie evidence of the matter stated in the certificate.

(2) Where a document purports to be a certificate under sub-section (1) signed by a person purporting to be an authorised officer, judicial notice

shall be taken of the signature of that person and of the fact that the person is or was such an authorised officer.

Saving of proceedings

15. Where, immediately before the commencement of this Act, proceedings to which the Company was a party were pending in any court, the Institute is, on and after the commencement of this Act, substituted for the Company as a party to the proceedings and has the same rights in the proceedings as the party for which it is substituted.

Exemption from taxation

16. An instrument or document that an authorised officer certifies to have been made, executed or given because of, or for a purpose connected with or arising out of, the operation of this Act is not liable to stamp duty or other tax under a law of the Commonwealth or of a State or Territory.

Application of Division 2 of Part XI of Audit Act in relation to year ending on 30 June 1987

17. Division 2 of Part XI of the Audit Act 1901 (as that Division applies by virtue of sub-section 38 (1) of the Australian Institute of Sport Act 1986) has effect in relation to the year ending on 30 June 1987 as if—

(a) sub-sections 63g (3) and (4) were omitted and the following sub-sections were substituted:

“(2a) The Auditor-General may inspect and audit such of the accounts and records of financial transactions (including transactions relating to money received or held on trust) of the company named ‘Australian Institute of Sport’ that was incorporated on 24 September 1980 under the Companies Ordinance 1962 of the Australian Capital Territory and records relating to the assets (including assets held on trust) of, or in the custody of, the company, being accounts and records in so far as they—

(a) relate to the period commencing on 1 July 1986 and ending immediately before the Australian Institute of Sport Act 1986 came into operation; and

(b) have become assets of the authority under section 12 of that Act,

and shall forthwith draw the attention of the appropriate Minister in relation to the authority to any irregularity disclosed by the inspection and audit that is, in the opinion of the Auditor-General, of sufficient importance to justify the Auditor-General in so doing.

“(3) The Auditor-General shall—

(a) at least once in the year ending on 30 June 1988, report to the appropriate Minister the results of the inspection and audit carried out under sub-section (1) of the accounts and records of the authority in so far as they relate to the period commencing on the day on which the Australian Institute

of Sport Act 1986 came into operation and ending on the expiration of 30 June 1987; and

(b) at the time at which the Auditor-General makes the first such report to that Minister, also report to that Minister the results of any inspection and audit, carried out by the Auditor-General under this Act or any other Act, of the accounts and records of the company referred to in sub-section (2a) in so far as they relate to the period commencing on 1 July 1986 and ending immediately before the Australian Institute of Sport Act 1986 came into operation.

“(4) The Auditor-General or a person authorised by the Auditor-General is entitled at all reasonable times to full and free access to—

(a) all accounts and records of the authority relating directly or indirectly to the receipt or payment of money by the authority or to the acquisition, receipt, custody or disposal of assets by the authority; and

(b) all accounts and records of the company referred to in sub-section (2a) that have become assets of the authority under section 12 of the Australian Institute of Sport Act 1986, being accounts and records relating directly or indirectly to the receipt or payment of money (including money received or held by the company on trust) by the company or to the acquisition, receipt, custody or disposal of assets (including assets received or held by the company on trust) by the company.”; and

(b) section 63h were omitted and the following section were substituted:

Annual report arid financial statements

“63h. (1) The authority shall, as soon as practicable after 30 June 1987, prepare and submit to the appropriate Minister in relation to the authority a report of—

(a) the operations of the company referred to in sub-section 63g (2a) during the period (in this section referred to as the ‘first period’) commencing on 1 July 1986 and ending immediately before the Australian Institute of Sport Act 1986 came into operation; and

(b) the operations of the authority during the period (in this section referred to as the ‘second period’) commencing on the day on which that Act came into operation and ending on the expiration of 30 June 1987,

together with financial statements in respect of the year ending on 30 June 1987, in such form as the Minister administering this Act approves, that—

(d) in so far as they are statements in respect of the second period, relate to the authority during that period.

“(1a) The report referred to in sub-section (1) shall, in so far as it relates to the company referred to in sub-section 63g (2a), be prepared by the authority having regard to—

(a) such of the accounts and records of the company as have become assets of the authority under section 12 of the Australian Institute of Sport Act 1986; and

(b) any information concerning the operation of the company that is given to the authority by persons who were members of the Board of Management or staff of the company.

“(1b) The financial statements referred to in sub-section (1) shall, in so far as they relate to the company referred to in sub-section 63g (2a), be based on the accounts and records referred to in paragraph (1a) (a) of this section.

“(2) Before submitting financial statements to the appropriate Minister under sub-section (1), the authority shall submit them to the Auditor-General, who shall report to the appropriate Minister—

(a) whether, in the opinion of the Auditor-General, the statements are based on proper accounts and records;

(b) whether the statements are in agreement with the accounts and records and, in the opinion of the Auditor-General, show fairly—

(i) the financial transactions of the company referred to in sub-section 63g (2a) during the first period; and

(ii) the financial transactions and the state of affairs of the authority during the second period;

(c) whether, in the opinion of the Auditor-General, the receipt, expenditure and investment of monies and the acquisition and disposal of assets, by the company during the first period have been in accordance with the law;

(d) whether, in the opinion of the Auditor-General, the receipt, expenditure and investment of monies and the acquisition and disposal of assets, by the authority during the second period have been in accordance with the enactment establishing the authority; and

(e) as to such matters arising out of the statements as the Auditor-General considers should be reported to the appropriate Minister.

“(3) The appropriate Minister shall cause copies of the report and financial statements together with a copy of the report of the

Auditor-General to be laid before each House of the Parliament within 15 sitting days of that House after their receipt by the appropriate Minister.”.

[Minister’s second reading speech made in—

House of Representatives on 17 April 1986

Senate on 29 May 1986]

Overview

The Australian Institute of Sport (Consequential Provisions) Act 1986 was enacted to manage the transition from a company to a statutory authority named the Australian Institute of Sport. This Act, assented to on 23 October 1986, was passed by the Queen, the Senate, and the House of Representatives of the Commonwealth of Australia. The primary objective of the Act is to provide for the dissolution of the existing Australian Institute of Sport company and the establishment of a new statutory authority, ensuring a seamless transfer of assets, liabilities, and employee terms and conditions. The Act addresses the legal and operational continuity needed for the new authority to function effectively, without disrupting the services and obligations of the previous company.

Scope and Application

The Australian Institute of Sport (Consequential Provisions) Act 1986 applies to the Australian Institute of Sport, specifically addressing the dissolution of the Australian Institute of Sport Company, which was incorporated under the Companies Ordinance 1962 of the Australian Capital Territory. Upon the commencement of this Act, the Company is dissolved, and its registration is cancelled. Employees of the dissolved Company are deemed to be employed by the Institute, with their terms and conditions of employment remaining unchanged pending new determinations by the Board. The Act also ensures that employees retain their accrued recreation and sick leave credits, and that any leave of absence granted by the Company is recognised by the Institute. Assets and liabilities of the Company become assets and liabilities of the Institute, and relevant instruments continue to have effect with references to the Company deemed to be references to the Institute. The Act further provides for the continuation of any proceedings involving the Company, exemption from taxation for certain instruments, and specific auditing and reporting requirements for the financial year ending on 30 June 1987. This Act applies nationally within the Commonwealth of Australia, ensuring the smooth transition of the Institute from a company to a statutory authority.

Key Provisions

The Australian Institute of Sport (Consequential Provisions) Act 1986 (the Act) provides the legal framework for the dissolution of the Australian Institute of Sport (Company) and the transfer of its functions, assets, and liabilities to the newly established Australian Institute of Sport (Institute). Key provisions of the Act include the dissolution of the Company (s 5), the transition of its employees to Institute employees (s 6), the preservation of employment terms and conditions, leave entitlements, and probation periods (ss 7-11), the transfer of assets and liabilities (s 12), and the continuation of legal instruments in relation to the Institute (s 13). Additionally, the Act provides for the issuance of certificates regarding assets, liabilities, and instruments (s 14), the continuation of pending legal proceedings (s 15), exemption from taxation for certain documents (s 16), and the application of audit provisions for the financial year ending on 30 June 1987 (s 17). The Act imposes several obligations on the parties involved. It mandates the dissolution of the Company and the cancellation of its registration (s 5). It requires the Institute to assume the employment of former Company employees under their existing terms and conditions, unless otherwise determined by the Board (ss 6 and 7). The Act also requires the Institute to honour leave entitlements and any leave of absence granted before the Act's commencement (ss 9 and 10). Furthermore, it requires the Institute to meet the Company's liabilities as they fall due (s 12) and to prepare and submit reports and financial statements to the appropriate Minister (s 17). Breach of the Act may lead to various consequences, although specific penalties are not detailed within the Act itself. The Act provides for the substitution of the Institute for the Company in any pending legal proceedings (s 15), ensuring continuity in legal matters. Additionally, documents certified by an authorised officer are exempt from stamp duty or other taxes (s 16). The Act also specifies the audit and reporting requirements for the financial year ending on 30 June 1987 (s 17), which may have implications if not properly adhered to, potentially leading to scrutiny or corrective actions by the Auditor-General and the appropriate Minister.

Area of Law: Corporate Law & Governance
Instrument: Act
Concepts: Definitions & Interpretation; Commencement Provisions; Dissolution of Company, &c.; Licensing & Registration; Transfer of assets to, and assumption of liabilities by, Institute

Interactions

Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.

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