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Qantas Sale Amendment (Still Call Australia Home) Bill 2011

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7186

2010-2011-2012

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

Qantas Sale Amendment (Still Call Australia Home) Bill 2011

 

(1)     Schedule 1, item 1, page 3 (lines 4 to 7), omit the definition, substitute:

1  Subsection 3(1)

Insert:

associated entity means an entity that satisfies subsection 50AAA(2) or (3) of the Corporations Act 2001.

[associated entity]

(2)     Schedule 1, page 3 (after line 7), after item 1, insert:

1A  Subsection 3(1)

Insert:

exercising Australian rights means using capacity allocated under an air services agreement to fly to, from or within Australia or to fly between two or more foreign countries using Australian allocated capacity other than code-share capacity.

[exercising Australian rights]

(3)     Schedule 1, item 3, page 3 (lines 13 to 19), omit paragraph 7(1)(ha), substitute:

                   (ha)  require that Qantas ensure that, of the facilities, taken in aggregate, which are used by Qantas subsidiaries and any associated entities exercising Australian rights in the provision of scheduled international air transport services, the facilities located in Australia, when compared with those located in all other countries, must represent the principal operational centre for the subsidiary or associated entity; and

[exercising Australian rights]

(4)     Schedule 1, item 3, page 3 (line 21), after “operations”, insert “management”.

[flight operations management]

(5)     Schedule 1, item 3, page 3 (lines 23 to 26), omit paragraph 7(1)(c), substitute:

                   (hc)  require that the majority of heavy maintenance of aircraft and the majority of flight operations management and training conducted by, or on behalf of, Qantas subsidiaries and any associated entities exercising Australian rights are conducted in Australia; and

[exercising Australian rights]