Western Australian Current Acts Western Australian Current Acts[s. 2]
[Heading inserted: No. 93 of 1976 s. 4; amended:
No. 19 of 2010 s. 4.]
THIS AGREEMENT made the 5th day of October, 1976 BETWEEN THE HONOURABLE SIR
CHARLES WALTER MICHAEL COURT, O.B.E., M.L.A., Premier of the State of Western
Australia acting for and on behalf of the said State and Instrumentalities
thereof from time to time (hereinafter called “the State”) of the
one part and HAMERSLEY IRON PTY. LIMITED a company incorporated under the
Companies Act 1961 of the State of Victoria and having its registered office
and principal place of business in that State at 31 Spring Street, Melbourne
and its registered office in the State of Western Australia at 191 St
George’s Terrace, Perth (hereinafter called “the Company”
which expression will include the successors and assigns of the Company
including where the context so admits the assignees and appointees of the
Company under clause 20 of the principal Agreement as hereinafter defined) of
the other part —
WHEREAS
(a) The
Company has increased the capacity of its existing pelletising plant being the
plant for secondary processing of iron ore constructed pursuant to clause 12
of the principal Agreement from two million (2 000 000) tons of iron ore
pellets per annum to three million (3 000 000) tons of iron ore pellets per
annum; and
(b) it
is desired to make provision for the undertaking of additional obligations by
the Company and to amend the provisions of the amending Agreement (as
hereinafter defined) as hereinafter provided.
NOW THIS AGREEMENT WITNESSETH
1. In this Agreement subject to the context
—
“amending Agreement” means the
Agreement of which a copy is set out in the Third Schedule to the Iron Ore
(Hamersley Range) Agreement Act 1963-1972 , (as amended by the Agreement of
which a copy is set out in the Fourth Schedule to that Act);
“principal Agreement” means the
Agreement of which a copy is set out in the First Schedule to the Iron Ore
(Hamersley Range) Agreement Act 1963-1972 as amended by the Agreement of which
a copy is set out in the Second Schedule to that Act and as further amended by
the amending Agreement;
words and phrases to which meanings are given
under clause 1 of the principal Agreement (other than words and phrases to
which meanings are given in the foregoing provisions of this clause) shall
have the same respective meanings in this Agreement as are given to them under
clause 1 of the principal Agreement.
2. The State shall introduce and sponsor a Bill in
the Parliament of Western Australia to ratify this Agreement and endeavour to
secure its passage as an Act.
3. The subsequent clauses of this Agreement shall
not operate unless and until —
(a) the
Bill to ratify this Agreement referred to in clause 2 hereof is passed as an
Act before the 30th day of November, 1976 or such later date if any as the
parties hereto may mutually agree upon; and
(b) a
Bill to ratify the Agreement referred to in the Schedule hereto is passed as
an Act before the 30th day of November, 1976 or such later date if any as the
parties hereto may mutually agree upon.
4. The amending Agreement is hereby varied as
follows —
(1) by adding after
clause 8 a new clause 8A as follows —
Iron Ore concentrate
plant 4 .
8A
(1) The Company shall on or before
the 31st day of December, 1976 submit to the Minister detailed proposals for
the establishment within the said State of a plant for the production of Iron
ore concentrates with a capacity of not less than six million five hundred
thousand (6 500 000) tons per annum.
(2)
The Company shall not later than the end of new Hamersley year 9
(or such later date as the Minister may approve), in accordance with the
proposals submitted pursuant to sub-clause (1) of this clause as finally
approved or determined, complete the construction of the Iron ore concentrate
plant at a total cost of not less than eighty million dollars ($80 000 000).
(3)
The Minister shall within two (2) months of the receipt of
proposals submitted pursuant to sub-clause (1) of this clause give to the
Company notice either of his approval of the said proposals (which approval
shall not be unreasonably withheld) or of any objections raised or alterations
desired thereto and in the latter case shall afford to the Company an
opportunity to consult with and to submit new proposals to the Minister. If
within two (2) months of receipt of such notice agreement is not reached as to
the said proposals the Company may within a further period of two (2) months
elect by notice to the State to refer to arbitration as herein provided any
dispute as to the reasonableness of the Minister’s decision. If by the
award on arbitration the question is decided in favour of the Company the
Minister shall be deemed to have then approved the said proposals of the
Company.
(4)
The arbitrator, arbitrators or umpire (as the case may be) of
any submission to arbitration pursuant to this clause is hereby empowered upon
application by either party hereto to grant any interim extension of time or
date referred to herein which having regard to the circumstances may
reasonably be required in order to preserve the rights of either or both
parties hereunder and an award in favour of the Company may in the name of the
Minister grant any further extension of time for that purpose.
; and
(2) as to clause 9 by
substituting for sub-clause (1) the following sub-clause —
(1)
The Company will subject always to the provisions of clause 10
hereof —
(a)
before the end of new Hamersley year 10 submit to the Minister detailed
proposals for the establishment within the said State of a plant for the
production of metallised agglomerates containing provision that such plant
will by the end of new Hamersley year 12 have the capacity to produce not less
than one million (1 000 000) tons of metallised agglomerates annually; and
(b)
before the end of new Hamersley year 13 submit to the Minister detailed
proposals for the expansion of the productive capacity of such plant to not
less than two million (2 000 000) tons of metallised agglomerate annually by
the end of new Hamersley year 15. ; and
(3) as to clause 12 by
inserting after the word “clauses” in the third line of paragraph
(a), the passage “8A,”.
THE SCHEDULE
The Agreement of even date herewith between THE HONOURABLE SIR CHARLES WALTER
MICHAEL COURT, O.B.E., M.L.A., Premier of the State of Western Australia
acting for and on behalf of the said State and Instrumentalities thereof of
the one part and MOUNT BRUCE MINING PTY. LIMITED of the other part.
IN WITNESS WHEREOF these presents have been executed the day and year first
hereinbefore mentioned.
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SIGNED by the said THE |
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ANDREW MENSAROS,
MINISTER FOR INDUSTRIAL
DEVELOPMENT.
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THE COMMON SEAL of |
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Director. DONALD S.
STEWART,
Secretary. C. J. S.
RENWICK,
[Fifth Schedule inserted: No. 93 of 1976 s. 4.]
