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SNOWY MOUNTAINS ENGINEERING CORPORATION ACT 1970


TABLE OF PROVISIONS

   PART I--PRELIMINARY

   1.      Short title [see Note 1]  
   2.      Commencement [see Note 1]  
   3.      Interpretation  
   3C.     Operation of Act  
   3D.     Extension to external Territories  

   PART IIIA--CREATION OF CAPITAL STRUCTURE AND OTHER STEPS PRIOR TO CONVERSION OF SMEC INTO A PUBLIC COMPANY

   18A.    Share capital of SMEC  
   18B.    Issue of shares  
   18C.    SMEC to apply to be registered as company etc.  
   18D.    New name of SMEC  

   PART IV--CONVERSION OF SMEC INTO A PUBLIC COMPANY

   19.     Effect of Part--summary  
   20.     SMEC taken to be registered under Companies Act  
   21.     Memorandum and articles of SMEC  
   22.     Membership of SMEC  
   23.     Application of certain provisions of Companies Act  
   24.     Accounting records  
   25.     Accounts  
   26.     Operation of section 25B of Acts Interpretation Act  

   PART VB--STAFF MATTERS

   39G.    Employment of staff members continues after transition  
   39H.    Act not to affect certain matters relating to staff members  
   39J.    Effect of sections 39G and 39H  
   39K.    Variation of terms and conditions of employment  

   PART VC--TAXATION MATTERS

   39M.    Interpretation  
   39N.    Exemptions relating to exempt matters  
   39P.    Authorised person may certify in relation to exemptions  
   39Q.    SMEC taken to have had share capital for purposes of Income Tax Assessment Act  

   PART VII--MISCELLANEOUS

   51.     SMEC not public authority etc.  
   52.     Judicial notice of SMEC's seal  
   53.     Compensation for acquisition of property  
   55.     Regulations  


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