Commonwealth Consolidated Acts

NORTHERN AUSTRALIA INFRASTRUCTURE FACILITY ACT 2016

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Objects of this Act  
   4.      Simplified outline of this Act  
   5.      Definitions  
   5A.     References to the Minister  

   PART 2--NORTHERN--AUSTRALIA INFRASTRUCTURE FACILITY

   6.      Establishment  
   7.      Functions of Facility  
   7A.     Terms and conditions for provision of financial assistance (other than equity investments) to corporations  
   8.      Time limit for making decisions to provide financial assistance  

   PART 3--INVESTMENT--MANDATE

   9.      Investment Mandate  
   10.     Matters covered by Investment Mandate  

   PART 4--CONSIDERATION--BY MINISTER

   11.     Consideration by Minister  
   12.     Process if Minister decides that financial assistance should not be provided  

   PART 5--BOARD--OF THE FACILITY

   13.     Establishment of Board  
   14.     Functions of Board  
   15.     Appointment of members  
   16.     Acting appointment as Chair  
   17.     Remuneration  
   18.     Leave of absence  
   19.     Other terms and conditions  
   20.     Resignation  
   21.     Termination of appointment  
   22.     Board meetings  
   22A.    Secretary may nominate alternate to attend Board meetings  
   23.     Presiding at Board meetings  
   24.     Quorum at Board meetings  
   25.     Voting at Board meetings  
   26.     Conduct of Board meetings  
   27.     Decisions without meetings  

   PART 6--ADMINISTRATION

   28.     Chief Executive Officer  
   29.     CEO to act in accordance with policies and directions of Board  
   30.     Appointment of CEO  
   31.     Acting appointment as CEO  
   32.     Remuneration of CEO  
   33.     Leave of absence of CEO  
   34.     Outside employment  
   35.     Other terms and conditions  
   36.     Resignation of CEO  
   37.     Termination of appointment of CEO  
   38.     Staff  
   39.     Consultants  

   PART 7--MISCELLANEOUS

   39A.    Matters relating to subsidiaries  
   40.     Facility may charge fees  
   41.     Appropriation of Consolidated Revenue Fund  
   42.     Annual report  
   42A.    Delegation by Board  
   43.     Review of operation of Act  
   44.     Regulations