Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Governor - General may make regulations for the purposes of section 5.
(2) Before advising the Governor - General about the making of a regulation under subsection (1), the Minister must consult the Authority with respect to the following matters:
(a) the need to ensure that the Fund has adequate financial reserves for the purposes of its prudential management;
(b) reasonable estimates of the Fund's present and future liabilities under the Seafarers Rehabilitation and Compensation Act 1992 ;
(c) the cost of administering the Authority in connection with the performance or exercise of the Fund's functions, powers and obligations under that Act.
(3) A failure to consult as required by subsection (2) does not affect the validity of a regulation made under subsection (1).
Notes to the Seafarers Rehabilitation and Compensation Levy Act 1992
Note 1
The Seafarers Rehabilitation and Compensation Levy Act 1992 as shown in this compilation comprises Act No. 231, 1992 amended as indicated in the Tables below.
Table of Acts
Act | Number | Date | Date of commencement | Application, saving or transitional provisions |
231, 1992 | 24 Dec 1992 | 24 Dec 1992 ( see s. 2) |
| |
Transport and Communications Legislation Amendment Act (No. 2) 1993 | 5, 1994 | 18 Jan 1994 | Schedule (item 114): Royal Assent (a) | -- |
(a) The Seafarers Rehabilitation and Compensation Levy Act 1992 was amended by the Schedule (item 114) only of the Transport and Communications Legislation Amendment Act (No. 2) 1993 , subsection 2(1) of which provides as follows:
(1) Subject to subsections (2) to (10) (inclusive), this Act commences on the day on which it receives the Royal Assent.
Table of Amendments
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
Provision affected | How affected |
S. 7 .................... | am. No. 5, 1994 |