South Australian Numbered Acts

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STATE ASSETS (PRIVATISATION RESTRICTIONS) ACT 2024 (NO 5 OF 2024) - SECT 2

2—Interpretation

In this Act—

"privatisation", in relation to a state-owned asset, means—

            (a)         the sale or other disposal of the asset; or

            (b)         the grant of a lease in the asset;

"related body corporate" has the same meaning as in the Corporations Act 2001 of the Commonwealth;

"relevant parliamentary committee" means the Economic and Finance Committee established under the Parliamentary Committees Act 1991

;

"state-owned asset" means the following, and includes a related body corporate of the following:

            (a)         HomeStart Finance (being the statutory corporation of that name established under the Urban Renewal Act 1995

by the Housing and Urban Development (Administrative Arrangements) (HomeStart Finance) Regulations 1995

);

            (b)         the Lifetime Support Authority of South Australia established by the Motor Vehicle Accidents (Lifetime Support Scheme) Act 2013

;

            (c)         the Motor Accident Commission continued in existence by the Motor Accident Commission Act 1992

;

            (d)         the Return to Work Corporation of South Australia continued in existence by the Return to Work Corporation of South Australia Act 1994

;

            (e)         SA Pathology;

            (f)         the South Australian Forestry Corporation established by the South Australian Forestry Corporation Act 2000

;

            (g)         the South Australian Government Financing Authority established by the Government Financing Authority Act 1982

;

            (h)         the South Australian Water Corporation established by the South Australian Water Corporation Act 1994

;

                  (i)         the Superannuation Funds Management Corporation of South Australia continued in existence by the Superannuation Funds Management Corporation of South Australia Act 1995

;

            (j)         an asset prescribed by the regulations.



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