Australian Capital Territory Numbered Regulations

RETIREMENT VILLAGES AMENDMENT REGULATION 2013 (NO 1) (NO 21 OF 2013) - REG 9

insert

503XA     ACAT orders—decisions about spending—s 163

    (1)     Subsection (2) applies if, immediately before the commencement day, a budget referee provision applies to an existing contract.

    (2)     On the commencement day, the budget referee provision ceases to apply to the existing contract and, instead, section 163 (ACAT orders—decisions about spending) applies to the contract.

    (3)     Subsection (4) applies if, immediately before the commencement day, a budget referee clause is included in an existing contract.

    (4)     On the commencement day, the budget referee clause ceases to operate and, instead, section 163 applies to the contract.

    (5)     Any other reference in an existing contract or the repealed code to—

        (a)     a budget referee is, on the commencement day, taken to be a reference to the ACAT; and

        (b)     a procedure involving the resolution of a budget disagreement by a budget referee is, on the commencement day, taken to be a reference to the procedures mentioned in section 163.

    (6)     In this section:

"budget referee clause" means a provision that mentions a procedure involving the resolution of a budget disagreement by a budget referee.

"budget referee provision" means a provision of the repealed code

, part 5, division 4 (Resolution of budget impasse).