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Qantas Sale Amendment Bill 2014

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7533 revised

2013-2014

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

 

Qantas Sale Amendment Bill 2014

 

 

( 1 )     Clause  2 , page 2 (table item  2 ), to be opposed .

[articles of association; facilities]

( 2 )     Clause  2 , page 2 (at the end of the table), add:

3.  Schedule 3

A day or days to be fixed by Proclamation.

However, if any of the provision(s) do not commence within the period of 6 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period.

 

[facilities]

(3)     Schedule 1, page 3 (lines 1 to 5), to be opposed .

[articles of association; facilities]

(4)     Schedule 2, page 4 (lines 1 to 16), to be opposed .

[articles of association; facilities]

( 5 )     Page 4 (after line 16) , at the end of the bill, add:

Schedule 3 Facilities

   

Qantas Sale Act 1992

1  Subsection 3(1) (definition of mandatory article )

Repeal the definition, substitute:

mandatory article means:

                     (a)  a provision included in Qantas’ articles of association in accordance with subsection 7(1); or

                     (b)  a provision included in a Qantas subsidiary’s articles of association in accordance with subsection 7(1A).

2  Part 3 (heading)

Omit “ Qantas’ ”.

3  Section 7 (heading)

Omit “ Qantas’ articles ”, substitute “ Articles ”.

4  After paragraph 7(1)(h)

Insert:

                   (ha)  for each of the following classes of facilities:

                              (i)  facilities for the maintenance and housing of aircraft;

                             (ii)  facilities for catering;

                            (iii)  facilities for flight operations;

                            (iv)  facilities for training;

                             (v)  facilities for administration;

                            (vi)  all other facilities which Qantas uses in the provision of scheduled international air transport services;

                            require that of the facilities of that class which Qantas uses in the provision of scheduled international air transport services, the facilities located in Australia, when compared with those located in any other country, must represent the principal centre of the relevant operations for Qantas; and

5  After subsection 7(1)

Insert:

          (1A)  The articles of association of a Qantas subsidiary must, on and from the commencement of this subsection, for each of the following classes of facilities:

                     (a)  facilities for the maintenance and housing of aircraft;

                     (b)  facilities for catering;

                     (c)  facilities for flight operations;

                     (d)  facilities for training;

                     (e)  facilities for administration;

                      (f)  all other facilities which the subsidiary uses in the provision of scheduled international air transport services;

require that of the facilities of that class which the subsidiary uses in the provision of scheduled international air transport services, the facilities located in Australia, when compared with those located in any other country, must represent the principal centre of the relevant operations for the subsidiary.

6  Section 8 (heading)

Omit “ Qantas’ ”.

7  Subsection 8(1)

After “Qantas”, insert “ or a Qantas subsidiary”.

8  Subsection 8(1)

After “Qantas’”, insert “or the subsidiary’s”.

9  Subsection 8(2)

After “Qantas”, insert “or a Qantas subsidiary”.

10  Subsection 10(1)

After “Qantas” (first occurring), insert “, a Qantas subsidiary”.

11  Subsection 10(1)

After “Qantas” (second and third occurring), insert “, the subsidiary”.

12  Subsection 10(2)

After “Qantas” (first occurring), insert “, a Qantas subsidiary”.

13  Subsection 10(2)

After “Qantas” (second and third occurring), insert “, the subsidiary”.

14  Subsection 10(6)

After “Qantas” (first occurring), insert “, a Qantas subsidiary”.

15  Paragraphs 10(6)(a), (b) and (c)

After “Qantas”, insert “, the subsidiary”.

16  Subsection 10(7)

After “Qantas” (first occurring), insert “, a Qantas subsidiary”.

17  Paragraphs 10(7)(a), (b) and (c)

After “Qantas”, insert “, the subsidiary”.

18  Subsection 10(9)

After “Qantas” (first and second occurring), insert “, a Qantas subsidiary”.

19  Subsection 10(9)

After “Qantas” (third occurring), insert “, the subsidiary”.

20  Application of amendments

(1)       The amendments made by this Schedule (other than item 4) apply to a body corporate that becomes a Qantas subsidiary after 17 July 2014.

(2)       The amendments made by items 4 and 5 apply to facilities that Qantas or a Qantas subsidiary first use in the provision of scheduled international air transport services after 17 July 2014.

[facilities]