New South Wales Consolidated Acts

PORTS ASSETS (AUTHORISED TRANSACTIONS) ACT 2012

- As at 20 March 2024 
- Act 101 of 2012 

TABLE OF PROVISIONS

           Long Title

   PART 1 - PRELIMINARY

   1.      Name of Act
   2.      Commencement
   3.      Interpretation--key definitions

   PART 2 - AUTHORISED TRANSACTIONS

   4.      Authorised transfer of ports assets
   5.      Proceeds of transaction

   PART 3 - FACILITATING AUTHORISED TRANSACTIONS

   6.      Treasurer's functions
   7.      Manner of effecting authorised transaction
   8.      Transaction SOCs
   9.      Transaction companies
   10.     Additional functions of port SOCs and transaction entities
   11.     Direction and control of port SOCs and transaction entities
   12.     Exercise of port SOC functions through subsidiaries
   13.     Establishment of Ports Assets Ministerial Holding Corporation

   PART 4 - ARRANGEMENTS FOR TRANSFER OF STAFF

   14.     Transfers within public sector
   15.     Temporary transfers (secondments)
   16.     Transfers to private sector employment
   17.     Continuity of entitlements of transferred employees
   18.     Payments to employees leaving public sector employment

   PART 5 - ARRANGEMENTS FOR TRANSFER OF ASSETS AND FUNCTIONS

   19.     Vesting orders
   20.     Severance of fixtures
   21.     Grant of relevant authorisations
   22.     Acquisition of land by Ports Assets Ministerial Holding Corporation
   23.     Adjustment of port SOC objectives and functions

   PART 6 - OPERATION OF OTHER LAWS

   24.     State taxes
   25.     General relationship of Act with other State legislation
   26.     Part 6 of Government Sector Finance Act 2018
   27.     Release of information by Auditor-General
   28.     Contracts for sale of land
   29.     Protection of contractual and other obligations
   30.     Compensation not payable
   31.     Leases of ports assets
   32.     No cargo throughput limits for Port Botany

   PART 7 - MISCELLANEOUS

   33.     Delegation
   34.     Act to bind State and other jurisdictions
   35.     Extraterritorial operation of Act
   36.     Construction of Act and instruments so as not to exceed legislative power
   37.     Orders
   38.     Service or giving of documents
   39.     Regulations
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           Schedule 6 (Repealed)