Commonwealth Consolidated Acts

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CFM SALE ACT 1996 - SECT 62

Certain provisions of the Commonwealth Funds Management Limited Act 1990 cease to apply to CFM bodies

  (1)   The following sections and Parts of the Commonwealth Funds Management Limited Act 1990 cease to apply to CFM on CFM's sale day:

  (a)   sections   4, 15, 33, 34, 39, 41, 42, 43, 44 and 46;

  (b)   Parts   4, 5 and 7.

  (2)   The following sections and Part of the Commonwealth Funds Management Limited Act 1990 cease to apply to a transferred body on the transferred body's sale day:

  (a)   sections   4, 15, 33, 34, 39, 41, 42 and 43;

  (b)   Part   4.

Note:   Division   3 of Part   2 of this Act sets out how the provisions listed in subsection   ( 2) are to apply to a transferred body before they cease to so apply.


 



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