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Financial Sector Legislation Amendment Bill (No. 1) 2000

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1998-1999-2000

 

 

The Parliament of the

Commonwealth of Australia

 

 

HOUSE OF REPRESENTATIVES

 

 

 

Financial Sector Legislation Amendment Bill (No.1) 2000

 

 

(Amendments to be moved by Mr K J Thomson)

 

(1)        Schedule 1, after item 16, page 5 (after line 23) insert:

16A     Section 63

Insert:

(1AA)         If consent has been given under this section to an arrangement, agreement or reconstruction, the Treasurer must arrange for notice of the consent to be published in the Gazette as soon as practicable.

(2)        Schedule 1, item 18, page 6 (after line 12) insert:

(2A)            The Treasurer must arrange for a copy of a notice that has been given under subsection (2) to be published in the Gazette as soon as practicable.



 

(3)     Schedule 2, item 8, page 11 (lines 1 to 5), omit section 67, substitute:

67  Appointment of staff

             (1)  The Bank may appoint such staff as the Bank considers necessary for the performance of its functions.

             (2)  The terms and conditions of appointment (including as to remuneration) are to be determined by the Bank, provided that such terms and conditions shall be no less favourable than those which may exist in terms of any Certified Agreement applicable to this group of employees.”

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