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Act No. 45 HOMEBUSH ABATTOIR CORPORATION (DISSOLUTION AND TRANSFER) BILL 1991 NEW SOUTH WALES EXPLANATORY NOTE (This Explanatory Note relates to this Bill as introduced into Parliament) The objects of this Bill are: (a) to dissolve the Homebush Abattoir Corporation constituted by the Meat Industry Act 1978; and (b) to constitute a body corporate with the name of the Homebush Bay Ministerial Corporation, to transfer the assets, liabilities and staff of the dissolved corporation to the new corporation and to give it certain functions in relation to transferred property and other property acquired by it; and (c) to amend various Acts consequentially. PART 1--PRELIMINARY Clause 1 specifies the short title of the proposed Act. Clause 2 provides for the commencement of the proposed Act. Clause 3 defines certain terms used m the proposed Act. PART 2--ESTABLISHMENT OF HOMEBUSH BAY MINISTERIAL CORPORATION Clause 4 constitutes a corporation with the name the Homebush Bay Ministerial Corporation. The corporation will have the functions of holding, on behalf of the Crown, transferring and disposing of assets, rights and liabilities of the dissolved Homebush Abattoir Corporation transferred to it under the proposed Act. The Ministerial Corporation will be able to develop land transferred to it or acquired by it, to dispose of, or otherwise deal with, property and to carry an any activities or business relating to those assets, rights and liabilities or to that land or property. Any of the assets, rights and liabilities transferred to the Ministerial Corporation may be transferred to the Crown or to any person on behalf of the Crown.
2 Act No. 45 Homebush Abattoir Corporation (Dissolution and Transfer) 1991 PART 3--DISSOLUTION OF HOMEBUSH ABATTOIR CORPORATION AND TRANSFER OF ASSETS ETC. Clause 5 dissolves the Homebush Abattoir Corporation constituted by the Meat Industry Act 1978 and transfers its assets, rights and liabilities to the Homebush Bay Ministerial Corporation. Clause 6 provides that instruments connected with the transfer of assets, rights and liabilities from the Homebush Abattoir Corporation to the Homebush Bay Ministerial Corporation are not chargeable with stamp duty. PART 4--STAFF OF HOMEBUSH ABATTOIR CORPORATION Clause 7 provides that staff of the dissolved Homebush Abattoir Corporation are to become employees of the Homebush Bay Ministerial Corporation. Clause 8 preserves the superannuation entitlements of that staff. Clause 9 preserves the leave entitlements of that staff. Clause 10 provides that such entitlements cannot be claimed both under the proposed Act and another Act in respect of the same period of service. PART 5--MISCELLANEOUS Clause 11 enables regulations to be made containing savings and transitional provisions. Clause 12 gives effect to Schedule 1 which contains consequential amendments to the Meat Industry Act 1978. Clause 13 gives effect to Schedule 2 which amends various other Acts to change references to the Homebush Abattoir Corporation to the Homebush Bay Ministerial Corporation. SCHEDULE 1--AMENDMENT OF MEAT INDUSTRY ACT 1978 Schedule 1 contains consequential amendments to the Meat Industry Act 1978. SCHEDULE 2--CONSEQUENTIAL AMENDMENTS TO OTHER ACTS Schedule 2 contains consequential amendments to other Acts.