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CFM SALE ACT 1996
TABLE OF PROVISIONS
Long Title
1. 1 Short title
2. 2 Commencement
3. 3 Definitions
4. 4 Schedule(s)
5. 5 What this Part is about
6. 6 Subsidiaries to be established
7. 7 CFM to transfer shares in subsidiaries to the Commonwealth
8. 8 Exemption from stamp duty and other taxes
9. 9 Transfer of staff from CFM
10. 10 Terms and conditions of transferred employees
11. 11 Variation of terms and conditions of employment
12. 12 Statement of accrued benefits
13. 13 Application of the Commonwealth Funds Management Limited Act 1990
14. 14 Application of section 4
15. 15 Application of section 15
16. 16 Application of Part 4
17. 17 Application of section 33
18. 18 Application of section 34
19. 19 Application of Part 8
20. 20 Approved authority - Superannuation Act 1976
21. 21 Approved authority - Superannuation Act 1990
22. 22 Commonwealth authority - Safety, Rehabilitation and Compensation Act 1988
23. 23 Public authority of the Commonwealth - Long Service Leave (Commonwealth Employees) Act 1976
24. 24 What this Part is about
25. 25 Sale day for CFM
26. 26 Sale day for transferred body
27. 27 What this Division is about
28. 28 Definitions
29. 29 References to Long Service Leave Act
30. 30 Division not to affect an employee's post-sale long service leave rights
31. 31 What this Subdivision is about
32. 32 Employees who attain 10 years service
33. 33 Employees reaching minimum retiring age or being retrenched
34. 34 Rate of salary
35. 35 What this Subdivision is about
36. 36 Employees who attain 10 years service
37. 37 Employees reaching minimum retiring age or being retrenched
38. 38 Employee stops employment because of ill-health
39. 39 Employee may request non-payment or reduced payment
40. 40 Rate of salary
41. 41 What this Subdivision is about
42. 42 Payments on death of an employee
43. 43 Employee's long service leave credit for the purposes of Subdivisions 2B and 2C
44. 44 Saving - Accrued rights under the Long Service Leave Act
45. 45 What this Division is about
46. 46 Deferred benefits under the Defence Force Retirement and Death Benefits Act 1973
47. 47 Period of eligible employment for the purposes of Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973
48. 48 Continuing application of the Crimes (Superannuation Benefits) Act 1989
49. 49 What this Division is about
50. 50 Definitions
51. 51 Continued application of the Safety, Rehabilitation and Compensation Act 1988
52. 52 Continued application to certain employees
53. 53 Transitional provisions relating to Division 4A of Part VII
54. 54 Relevant employer and co-operation with the Commonwealth
55. 55 Notification of amount of salary paid to employees of a CFM body
56. 56 Refund of contribution paid under the Occupational Health and Safety (Commonwealth Employment) Act 1991
57. 57 Cessation of mobility rights
58. 58 Continuing application of the Director of Public Prosecutions Act 1983
59. 59 Franking account surpluses reduced to nil
60. 60 CFM body not to be an agency of the Commonwealth etc.
61. 61 Regulations connected with the sale of a CFM body
62. 62 Certain provisions of the Commonwealth Funds Management Limited Act 1990 cease to apply to CFM bodies
63. 63 What this Part is about
64. 64 Definitions
65. 65 Transfer of assets
66. 66 References to CFM body in instruments relating to transferred assets
67. 67 Transferees are successors in law of CFM body
68. 68 Transfer of rights and obligations
69. 69 References to CFM body in instruments relating to transferred rights and obligations
70. 70 Transferees are successors in law of CFM body
71. 71 Transfer of liabilities
72. 72 References to CFM body in instruments relating to transferred liabilities
73. 73 Transferees are successors in law of CFM body
74. 74 Exemption from stamp duty and other taxes
75. 75 Application of the Income Tax Assessment Act 1936 in relation to certain transfers
76. 76 Transfers of CFM land may be registered
77. 77 Lands Acquisition Act 1989 does not apply to this Part
78. 78 Certificates in relation to assets other than land
79. 79 Compensation - constitutional safety net
80. 80 Operation of this Act does not place a person in breach of contract etc.
81. 81 Commonwealth records
82. 82 Regulations
SCHEDULE 1
SCHEDULE 2
(Assented to 20 November 1996)
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