Contents
Part 1 · Preliminary
1Short title#
This Act may be cited as the AeroSpace Technologies of Australia Limited Sale Act 1994.
2Commencement#
(1)The following provisions of this Act are taken to have commenced on 12 October 1994:
(a)this Part;
(b)sections 7, 8, 9, 10 and 11;
(c)Divisions 2 and 3 of Part 2;
(d)Part 3.
(2)The remaining provisions of this Act commence on the ASTA sale day.
(3)If a provision of this Act does not commence within the period of 2 years beginning on the day on which this Act receives the Royal Assent, the provision is taken to have been repealed at the end of that period.
3Definitions#
In this Act, unless the contrary intention appears:
ASTA means the body corporate known before the ASTA sale day as AeroSpace Technologies of Australia Limited:
(a)by whatever name called from time to time; and
(b)in whatever form that body corporate takes from time to time.
ASTA body means ASTA or an ASTA subsidiary.
ASTA sale day means the day declared under section 5.
ASTA subsidiary means a body corporate that:
(a)is a subsidiary of ASTA; or
(b)was a subsidiary of ASTA on 12 October 1994.
employee includes apprentice.
(a)if:
(i)the body is an ASTA subsidiary; and
(ii)a day is declared under section 6 to be the sale day for the subsidiary;
the day declared under that section; or
(b)in any other case—the ASTA sale day.
subsidiary has the meaning given by section 4.
4Subsidiaries#
For the purposes of this Act, the question whether a body corporate is a subsidiary of another body corporate is to be determined in the same manner as that question is determined under the Corporations Act 2001.
5ASTA sale day#
(1)This section applies to a day if:
(a)the day is after the day (the assent day) on which this Act receives the Royal Assent; and
(b)the day is before the end of the period of 2 years beginning on the assent day; and
(c)in the opinion of the Minister, the day is the first day after the assent day on which a majority of the voting shares in ASTA are acquired by a person, or persons, other than the Commonwealth or a nominee of the Commonwealth.
(2)The Minister must, by notice in the Gazette, declare the day to be the ASTA sale day.
(3)The notice must be published within 14 days after the day concerned.
6ASTA subsidiary sale day#
(1)This section applies to a day and a particular ASTA subsidiary if:
(a)the day is before the ASTA sale day; and
(b)the day is before the end of the period of 2 years beginning on the day on which this Act receives the Royal Assent; and
(c)in the opinion of the Minister, the day is the first day after 12 October 1994 on which a majority of the voting shares in the subsidiary are acquired by a person, or persons, other than:
(ii)the Commonwealth or a nominee of the Commonwealth.
(2)The Minister must, by notice in the Gazette, declare the day to be the sale day for the subsidiary.
(3)The notice must be published within 14 days after the day concerned.
Part 2 · Superannuation
Division 1 · Superannuation schemes
7Deferred benefits under the Superannuation Act 1922#
(2)For the purposes of Division 3 of Part XA of the Superannuation Act 1922, the employee is taken to continue in public employment, on and after the body’s sale day, while the employee continues to be employed by any of the following:
(a)the body;
(b)if:
(i)the body is a subsidiary of a particular body corporate (the parent entity); and
(ii)another ASTA body is a subsidiary of the parent entity;
the other ASTA body.
(3)This section is subject to Division 3 of Part XA of the Superannuation Act 1922.
8Deferred benefits under the Superannuation Act 1976#
(2)For the purposes of Division 3 of Part IX of the Superannuation Act 1976, the employee is taken to continue in public employment, on and after the body’s sale day, while the employee continues to be employed by any of the following:
(a)the body;
(b)if:
(i)the body is a subsidiary of a particular body corporate (the parent entity); and
(ii)another ASTA body is a subsidiary of the parent entity;
the other ASTA body.
(3)This section is subject to Division 3 of Part IX of the Superannuation Act 1976.
9Period of eligible employment for the purposes of Division 3 of Part IX of the Superannuation Act 1976#
(2)If employment by the body ceases to be eligible employment for the purposes of Division 3 of Part IX of the Superannuation Act 1976 on the body’s sale day, then, despite that cessation, the period of employment continues to be a period of eligible employment for the purposes of that Division.
10Deferred benefits under the Defence Force Retirement and Death Benefits Act 1973#
(2)For the purposes of Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973, the employee is taken to continue in public employment, on and after the body’s sale day, while the employee continues to be employed by any of the following:
(a)the body;
(b)if:
(i)the body is a subsidiary of a particular body corporate (the parent entity); and
(ii)another ASTA body is a subsidiary of the parent entity;
the other ASTA body.
(3)This section is subject to Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973.
11Period of eligible employment for the purposes of Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973#
(2)If employment by the body ceases to be eligible employment for the purposes of Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973 on the body’s sale day, then, despite that cessation, the period of employment continues to be a period of eligible employment for the purposes of that Division.
12Application of the Superannuation Act 1976#
On and after the ASTA sale day, ASTA is not an approved authority for the purposes of the Superannuation Act 1976.
13Application of the Superannuation Act 1990#
On and after the ASTA sale day, ASTA is not an approved authority for the purposes of the Superannuation Act 1990.
Division 2 · The Crimes (Superannuation Benefits) Act 1989
14Continuing application of the Crimes (Superannuation Benefits) Act 1989#
Continuing application of Act
(1)Subject to subsection (2), if a person who was an employee of an ASTA body before the body’s sale day committed a corruption offence while such an employee, then, on and after the body’s sale day, the Crimes (Superannuation Benefits) Act 1989 continues to apply in relation to the person in respect of the offence as if the body continued to be a Commonwealth authority.
Limitation on superannuation orders
Superannuation schemes
(3)A superannuation scheme in relation to which employer contributions or benefits are paid or payable by an ASTA body on or after the body’s sale day is not a superannuation scheme for the purposes of the application of the Crimes (Superannuation Benefits) Act 1989 to a corruption offence committed by a person after the body’s sale day.
Paragraph 19(3)(d) orders
(4)Despite paragraph 19(3)(d) of the Crimes (Superannuation Benefits) Act 1989, for the purposes of the application of that Act to an ASTA body, an order made under that paragraph on or after the body’s sale day may only specify that an amount paid to the Commonwealth before the body’s sale day by or on behalf of the body belongs to the Commonwealth.
Paragraph 19(4)(b) orders
(5)If:
(b)the person was paid benefits before, on or after the body’s sale day out of the Consolidated Revenue Fund;
then, despite paragraph 19(4)(b) of the Crimes (Superannuation Benefits) Act 1989, for the purposes of the application of that Act to the corruption offence, an order made under that paragraph on or after the body’s sale day may only specify that an amount equal to the total benefits paid out of the Consolidated Revenue Fund be paid to the Commonwealth.
Interpretation
(6)Unless the contrary intention appears, an expression used in this section that is also used in the Crimes (Superannuation Benefits) Act 1989 has the same meaning in this section as it has in that Act.
Part 3 · Prosecutions
16Continuing application of the Director of Public Prosecutions Act 1983#
If the Director of Public Prosecutions Act 1983 ceases to apply to particular acts, omissions or proceedings in connection with an ASTA body on the body’s sale day because the body ceases to be an authority of the Commonwealth for the purposes of that Act on that day, then, despite that cessation, that Act continues to apply in relation to:
(a)acts or omissions that occurred in relation to the body before the body’s sale day; and
(b)civil remedies connected with, or arising out of, a prosecution that relates to acts or omissions referred to in paragraph (a).
Part 4 · ASTA not to be an agency of the Commonwealth etc.
17ASTA not to be an agency of the Commonwealth etc#
(1)On and after the ASTA sale day, ASTA is not taken, for the purposes of a law, to be:
(a)a Commonwealth authority; or
(b)established for a public purpose or for a purpose of the Commonwealth; or
(c)a public authority or an agency or instrumentality of the Crown;
unless a law expressly provides otherwise.
(2)In subsection (1):
law means:
(a)an Act of the Commonwealth or of a State or Territory; or
(b)regulations or any other instrument made under such an Act.
Part 5 · Regulations connected with the sale of ASTA
18Regulations connected with the sale of ASTA#
(1)Subsection 48(2) of the Acts Interpretation Act 1901 does not apply to regulations made under any Act that:
(a)are connected with the sale of ASTA; and
(b)include a declaration that the Governor-General is satisfied that they are connected with the sale of ASTA; and
(c)are expressed to take effect on the ASTA sale day.
(2)Regulations covered by subsection (1) take effect on the ASTA sale day.
Part 6 · Cessation Of Mobility Rights
19Cessation of mobility rights#
(1)If Division 2 or 3 of Part IV of the Public Service Act 1922 applied to an employee of ASTA immediately before the ASTA sale day, then that Division stops applying to the employee on the ASTA sale day.
(2)If Division 4 of Part IV of the Public Service Act 1922 applied to an employee of ASTA immediately before the ASTA sale day, then:
(a)the Officers’ Rights Declaration Act 1928; and
(b)Division 4 of Part IV of the Public Service Act 1922;
stop applying to the employee on the ASTA sale day.
Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.