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INDUSTRY AND TECHNOLOGY DEVELOPMENT ACT 1998 - SCHEDULE 2

[Section 33(2)]

1.         Interpretation

                In this Schedule

        commencement day means the day on which this Act comes into operation;

        Industry Act means the Industry (Advances) Act 1947 ;

        Inventions Act means the Inventions Act 1975 .

2.         Technology parks declared under the repealed Act

                A notice declaring a technology park under section 4 of the repealed Act in effect immediately before the commencement day continues to have effect as if it had been made under section 27 of this Act.

3.         Secrecy

        (1)         Section 20 of the repealed Act continues to have effect on and after the commencement day in respect of every person referred to in subsection (2) of that section as if the repealed Act had not been repealed.

        (2)         Section 16 of the Inventions Act continues to have effect on and after the commencement day in respect of every person referred to in subsection (1) of that section as if the Inventions Act had not been repealed.

4.         Staff

                A contract for services under section 16(2) of the repealed Act in existence immediately before the commencement day is to continue to have effect, subject to the operation of this Act, according to its terms and conditions.

5.         Money to be credited to Account

        (1)         Any money standing to the credit of the Inventions Assistance Trust Fund, established under the Inventions Act, immediately before the commencement day is to be placed to the credit of the Account.

        (2)         A reference in any agreement, instrument or other document to —

            (a)         the “Western Australian Technology and Industry Development Account” provided for under the repealed Act; or

            (b)         the “Inventions Assistance Trust Fund” established under the Inventions Act,

                has effect on and after the commencement day as if it were a reference to the Account.

6.         Applications under repealed Acts

                An application for assistance under the repealed Act, the Inventions Act or the Industry Act in respect of which a final decision is not made before the commencement day is to be considered and determined by the Minister as if it were an application for financial support under this Act.

7.         Transfer of assets, liabilities and records under the Industry Act or the Inventions Act

        (1)         On the commencement day all assets that were, immediately before the commencement day vested in or under the control of or standing to the credit of —

            (a)         the Minister, within the meaning of the Inventions Act, for the purposes of that Act; or

            (b)         the Treasurer for the purposes of the Industry Act,

                are, subject to subclause (4), vested in the Minister.

        (2)         On the commencement day the Minister becomes liable to pay, bear or discharge all of the liabilities of —

            (a)         the Minister, within the meaning of the Inventions Act, that have been incurred for the purposes of that Act; or

            (b)         the Treasurer that have been incurred for the purposes of the Industry Act,

                and that existed immediately before the commencement day.

        (3)         On and after the commencement day the Minister is to have control of all registers, papers, documents, minutes, receipts, books of account and other records (however compiled, recorded or stored) relating to —

            (a)         the operations of the Minister, within the meaning of the Inventions Act , under that Act; or

            (b)         the operations of the Treasurer under the Industry Act.

        (4)         Any trust, condition or stipulation to which an asset vested in the Minister by subclause (1) is subject is to be given effect to by the Minister.

8.         Agreements, instruments and proceedings under the Industry Act or the Inventions Act

        (1)         Any agreement, instrument, guarantee or indemnity made or given —

            (a)         by the Minister, within the meaning of the Inventions Act, under that Act; or

            (b)         by the Treasurer under the Industry Act,

                and subsisting immediately before the commencement day has effect on and after the commencement day as if —

            (c)         that agreement, instrument, guarantee or indemnity had been made or given by the Minister; and

            (d)         unless the context otherwise requires, any reference in that agreement, instrument, guarantee or indemnity to the Treasurer, or the Minister within the meaning of the Inventions Act, were a reference to the Minister.

        (2)         If anything has been lawfully commenced by or under the authority of —

            (a)         the Minister within the meaning of the Inventions Act; or

            (b)         the Treasurer under the Industry Act,

                before the commencement day that thing may be carried on and completed by or under the authority of the Minister under this Act.

        (3)         Without limiting the generality of subclause (2), any legal or other proceedings or any remedies that might, but for —

            (a)         the repeal of the Inventions Act, have been commenced or continued or available by or against or to the Minister within the meaning of that Act; or

            (b)         the repeal of the Industry Act, have been commenced or continued or available by or against or to the Treasurer under that Act,

                may be commenced or continued, or are available, by or against or to the Minister.

9.         Officials to take cognizance of clauses 5, 7 and 8

                Any relevant official who records and registers documents under a written law is to take cognizance of clauses 5, 7 and 8 and is authorised to make any entry or memorial or register any document necessary to show the effect of those clauses.

10.         Evidence

                A statement in an agreement, instrument or other document —

            (a)         that any asset has become vested in the Minister; or

            (b)         that the Minister has become responsible for any liability,

                under clause 7 is presumed to be true until the contrary is proved.

11.         Interpretation Act 1984 not affected

                Nothing in this Schedule limits the operation of the Interpretation Act 1984 .



Notes

This is a compilation of the Industry and Technology Development Act 1998 and includes amendments made by other written laws. For provisions that have come into operation, and for information about any reprints, see the compilation table.

Compilation table

Short title

Number and year

Assent

Commencement

Industry and Technology Development Act 1998

13 of 1998

20 May 1998

1 Jul 1998 (see s. 2 and Gazette 26 Jun 1998 p. 3369)

Corporations (Consequential Amendments) Act 2001 s. 220

10 of 2001

28 Jun 2001

15 Jul 2001 (see s. 2 and Gazette 29 Jun 2001 p. 3257 and Cwlth Gazette 13 Jul 2001 No. S285)

Reprint 1: The Industry and Technology Development Act 1998 as at 5 Dec 2003 (includes amendments listed above)

Financial Legislation Amendment and Repeal Act 2006 s. 4, 5(1) and 17

77 of 2006

21 Dec 2006

1 Feb 2007 (see s. 2 and Gazette 19 Jan 2007 p. 137)

Public Sector Reform Act 2010 s. 89

39 of 2010

1 Oct 2010

1 Dec 2010 (see s. 2(b) and Gazette 5 Nov 2010 p. 5563)

Industry and Technology Development Amendment Act 2021 Pt. 2

24 of 2021

3 Dec 2021

4 Dec 2021 (see s. 2(b))


Defined terms

[This is a list of terms defined and the provisions where they are defined. The list is not part of the law.]

Defined term         Provision(s)
Account         4
acquire         7(4)
commencement day         Sch. 2 cl. 1
department         4
dispose         7(4)
financial support         4
function         4
government trading enterprise         4
guidelines         4
industry         4
Industry Act         Sch. 2 cl. 1
Inventions Act         Sch. 2 cl. 1
repealed Act         4
technology         4
technology park         4
Treasurer         4




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