Contents

Part 1--Preliminary                                                                                                               1

1............ Short title [see Note 1]....................................................................... 1

2............ Commencement [see Note 1].............................................................. 1

3............ Definitions.......................................................................................... 1

4............ Subsidiaries......................................................................................... 2

5............ ASTA sale day................................................................................... 2

6............ ASTA subsidiary sale day.................................................................. 3

Part 2--Superannuation                                                                                                      4

Division 1--Superannuation schemes                                                                 4

7............ Deferred benefits under the Superannuation Act 1922....................... 4

8............ Deferred benefits under the Superannuation Act 1976....................... 4

9............ Period of eligible employment for the purposes of Division 3 of Part IX of the Superannuation Act 1976           5

10.......... Deferred benefits under the Defence Force Retirement and Death Benefits Act 1973              5

11.......... Period of eligible employment for the purposes of Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973................................................................................. 6

12.......... Application of the Superannuation Act 1976..................................... 6

13.......... Application of the Superannuation Act 1990..................................... 6

Division 2--The Crimes (Superannuation Benefits) Act 1989              7

14.......... Continuing application of the Crimes (Superannuation Benefits) Act 1989            7

Division 3--The Superannuation Benefits (Supervisory Mechanisms) Act 1990            9

15.......... An ASTA body is not to be an eligible or relevant body for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990........................................................................ 9

Part 3--Prosecutions                                                                                                           11

16.......... Continuing application of the Director of Public Prosecutions Act 1983                11

Part 4--ASTA not to be an agency of the Commonwealth etc.                  12

17.......... ASTA not to be an agency of the Commonwealth etc..................... 12

Part 5--Regulations connected with the sale of ASTA                                   13

18.......... Regulations connected with the sale of ASTA................................. 13

Part 6--Cessation Of Mobility Rights                                                                      14

19.......... Cessation of mobility rights............................................................. 14

Part 7--Commonwealth Borrowing Levy                                                                15

20.......... Ending ASTA's liability under the Commonwealth Borrowing Levy Act 1987      15

21.......... Consequential amendment of the Commonwealth Borrowing Levy Act 1987         15

Notes                                                                                                                                            17

An Act relating to the sale of AeroSpace Technologies of Australia Limited, and for related purposes

  

Notes to the AeroSpace Technologies of Australia Limited Sale Act 1994

Note 1

The AeroSpace Technologies of Australia Limited Sale Act 1994 as shown in this compilation comprises Act No. 144, 1994 amended as indicated in the Tables below.

For application, saving or transitional provisions made by the Corporations (Repeals, Consequentials and Transitionals) Act 2001, see Act No. 55, 2001.

For all other relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Acts

Act	Number and year	Date of Assent		Date of commencement	Application, saving or transitional provisions
AeroSpace Technologies of Australia Limited Sale Act 1994	144, 1994	8 Dec 1994	Part 1 (ss. 1-6), ss. 7-11, Divs. 2 and 3 of Part 2 (ss. 14, 15) and Part 3 (s. 16): 12 Oct 1994 Remainder: (a)
Superannuation Legislation Amendment Act (No. 1) 1995	54, 1995	23 June 1995	S. 3(8): Royal Assent (b)		--
as amended by
Statute Law Revision Act 1996	43, 1996	25 Oct 1996	Schedule 3 (item 117): 23 June 1995 (c)		--
Corporations (Repeals, Consequentials and Transitionals) Act 2001	55, 2001	28 June 2001	Ss. 4-14 and Schedule 3 (items 16, 17): 15 July 2001 (see Gazette 2001, No. S285) (d)		Ss. 4-14
Financial Framework Legislation Amendment Act 2005	8, 2005	22 Feb 2005	S. 4 and Schedule 1 (items 71, 496): Royal Assent		S. 4 and Sch. 1 (item 496)

(a)      (2)  The remaining provisions of this Act commence on the ASTA sale day.

         The ASTA sale day was 27 June 1995 (see Gazette 1995, No. S271).

(b)     The AeroSpace Technologies of Australia Limited Sale Act 1994 was amended by the Superannuation Legislation Amendment Act (No. 1) 1995 , subsection 2(1) of which provides as follows:

                 (1)   Subject to this section, this Act commences on the day on which it receives the Royal Assent.

(c)      The Superannuation Legislation Amendment Act (No. 1) 1995 was amended by Schedule 3 (item 117) only of the Statute Law Revision Act 1996, subsection 2(3) of which provides as follows:

                 (3)   Each item in Schedule 3 is taken to have commenced when the Act containing the provision amended by the item received the Royal Assent.

(d)      The AeroSpace Technologies of Australia Limited Sale Act 1994 was amended by Schedule 3 (items 16 and 17) only of the Corporations (Repeals, Consequentials and Transitionals) Act 2001, subsection 2(3) of which provides as follows:

                 (3)   Subject to subsections (4) to (10), Schedule 3 commences, or is taken to have commenced, at the same time as the Corporations Act 2001.

Table of Amendments

ad. = added or inserted      am. = amended       rep. = repealed      rs. = repealed and substituted
Provision affected	How affected
Ss. 3, 4 ..............................	am. No. 55, 2001
S. 8 ....................................	am. No. 54, 1995 (as am. by No. 43, 1996)
S. 14 ..................................	am. No. 8, 2005

Table A

Application, saving or transitional provisions

Financial Framework Legislation Amendment Act 2005 (No. 8, 2005)

4  Saving of matters in Part 2 of Schedule 1

             (1)  If:

                     (a)  a decision or action is taken or another thing is made, given or done; and

                     (b)  the thing is taken, made, given or done under a provision of a Part 2 Act that had effect immediately before the commencement of this Act;

then the thing has the corresponding effect, for the purposes of the Part 2 Act as amended by this Act, as if it had been taken, made, given or done under the Part 2 Act as so amended.

             (2)  In this section:

Part 2 Act means an Act that is amended by an item in Part 2 of Schedule 1.

Schedule 1

496   Saving provision--Finance Minister's determinations

If a determination under subsection 20(1) of the Financial Management and Accountability Act 1997 is in force immediately before the commencement of this item, the determination continues in force as if it were made under subsection 20(1) of that Act as amended by this Act.