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MEDICAL RESEARCH INSTITUTES REPEAL ACT 2008 (NO. 63 OF 2008) - NOTES

No. 63 of 2008





08-63a00.jpg
Victoria


Medical Research Institutes Repeal Act 2008[†]

No. 63 of 2008

[Assented to 5 November 2008]

Preamble

A Deed dated 10 May 1926 made between Thomas Baker, Alice Baker and Eleanor Mary Shaw (the Settlors), Thomas Baker, John Fullarton Mackeddie and Henry Michael Collins (the Trustees) and the Alfred Hospital Melbourne established an Institute of Medical Research called "The Thomas Baker, Alice Baker, and Eleanor Shaw Medical Research Institute". Its objects were to carry out medical research work and to instruct medical and post-graduate students.

The Baker Medical Research Institute Act 1980 was enacted to establish a body corporate known as the Baker Medical Research Institute.

In 2007, the Baker Medical Research Institute agreed with the International Diabetes Institute to merge for the purpose of combining their joint strengths and forming a national heart and diabetes institute.
Preamble

The merged institute is to be known as the Baker IDI Heart and Diabetes Institute. Consistent with the objects of the Baker Medical Research Institute, the objects of the Baker IDI Heart and Diabetes Institute are to pursue strategies to reduce death and disability from cardiovascular disease, diabetes, and other related non-communicable diseases through research, clinical care, education and advocacy.

To enable the merged institute to conduct its affairs as agreed by the parties to the merger, it is expedient to repeal the Baker Medical Research Institute Act 1980 and to provide for the transfer of all property, rights and liabilities held, and staff employed, by the Baker Medical Research Institute to a company limited by guarantee and incorporated under the Corporations Act. The company is to be the successor in law of the Institute.

The Prince Henry's Institute of Medical Research Act 1988 was enacted to establish a body corporate known as the Prince Henry's Institute of Medical Research and came into operation on 1 January 1990.

The predecessor of the Prince Henry's Institute of Medical Research was the Prince Henry's Medical Research Centre which was established at Prince Henry's Hospital in Melbourne in 1960.

The Prince Henry's Institute of Medical Research Act 1988 provided for the transfer of all members, property, rights and liabilities held by the Prince Henry's Medical Research Centre to the Prince Henry's Institute of Medical Research.

That Act is now to be repealed and provision made for the transfer of all property, rights and liabilities held, and staff employed, by the Prince Henry's Institute of Medical Research to a company limited by guarantee and incorporated under the Corporations Act. The company is to be the successor in law of the Prince Henry's Institute of Medical Research.

The Parliament of Victoria therefore enacts:

ENDNOTES

Endnotes


[†]     Minister's second reading speech—

    Legislative Assembly: 20 August 2008

    Legislative Council: 12 September 2008

    The long title for the Bill for this Act was "A Bill for an Act to repeal the Baker Medical Research Institute Act 1980, the Prince Henry's Institute of Medical Research Act 1988 and for other purposes."



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