Australian Capital Territory Numbered Acts

BETTING (CORPORATISATION) (NO. 32 OF 1996) - SECT 12

12. (1) The Minister and the Company may, by instrument, enter into an arrangement relating to any matter arising from, connected with or consequential upon—

        (a)     the assumption by the Company or the Territory of any powers or functions; or

        (b)     the vesting of any assets, rights or liabilities previously vested in the Board.

(2) Without limiting the generality of subsection (1), an arrangement may provide, whether or not subject to conditions or limitations, for the exercise—

        (a)     by the Minister of any power vested in the Company by an enactment or subordinate law; or

        (b)     by the Company of any power vested in the Territory by an enactment or subordinate law.

(3) An instrument under subsection (1) is a disallowable instrument for the purposes of section 10 of the Subordinate Laws Act 1989 .