Commonwealth Numbered Acts

HEARING SERVICES AND AGHS REFORM ACT 1997 No. 82 of 1997 - SECT 19

(1) This section applies if the Financial Management and  Accountability Act
1997 is in force at the transfer time.

(2) As soon as practicable after the transfer time, there is payable to the
nominated company, out of the Consolidated Revenue Fund, an amount equal to
the balance of the Australian Government Health Service Reserve as at the
transfer time. Note: The Australian Government Health Service Reserve will be
abolished under the Financial Management and Accountability Act 1997 and the
balance transferred to the Consolidated Revenue Fund under that Act.

(3) The Consolidated Revenue Fund is appropriated accordingly.

(4) The payment under subsection (2) is to be made by way of consideration, or
partial consideration, for an issue of shares by the nominated company to the
Commonwealth.