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INDUSTRIAL RELATIONS REGULATIONS (AMENDMENT) 1993 NO. 61
EXPLANATORY STATEMENTStatutory Rules 1993 No. 61
Issued by the Authority of the Minister for Industrial Relations
Industrial Relations Act 1988
Industrial Relations Regulations (Amendment)
Section 359 of the Industrial Relations Act 1988 (the Act) provides that the Governor-General may make regulations for the purposes of the Act. The attached statutory rules amend the Industrial Relations Regulations (the Regulations) made pursuant to the Act.
The Act makes specific provision in relation to public sector employment which includes employment by companies controlled by the Commonwealth but, except in relation to section 121, does not include employment with a body declared in the regulations. Both Qantas and Australian are declared in the Regulations. Following the initial public offering of Qantas, neither it nor its subsidiaries will be companies controlled by the Commonwealth and accordingly the references to Qantas and Australian Airlines in the Regulations will no longer be required.
To this end, the Regulations amend the Regulations to remove Qantas and Australian Airlines from Schedule 3.
The commencement of the Regulations is tied to Part 4 of the Schedule to the Qantas Sale Act 1992 which will commence on or after the sale of 50% of the Commonwealth's equity interest in Qantas which is expected to occur at the the time of the public share offer of Qantas shares later in 1993.