South Australia

   Public Corporations (General) Regulations 2008

   under the Public Corporations Act 1993

   Contents
   1 Short title
   2 Commencement
   3 Interpretation
   4 Disclosure of pecuniary interests

   Legislative history

   1--Short title

   These regulations may be cited as the Public Corporations (General)
   Regulations 2008.

   2--Commencement

   These regulations will come into operation 21 days after they are made.

   3--Interpretation

   In these regulations--

   Act means the Public Corporations Act 1993.

   4--Disclosure of pecuniary interests

   (1) The table below specifies--

   (a) the pecuniary interests to be disclosed by the following persons:

   (i) a senior executive of a public corporation for the purposes of
   section 36B of the Act;

   (ii) a senior executive of a subsidiary for the purposes of clause 14B
   of the Schedule to the Act; and

   (b) the information that must be disclosed by the senior executive in
   respect of any such pecuniary interest.

   Pecuniary interest
   Information required
   1
   A contract of service, office, trade, vocation, business or profession
   in respect of which the person receives or is entitled to receive any
   remuneration, fee or other pecuniary sum (not being payable under the
   Act)
   A description of the contract, office, trade, vocation, business or
   profession and the amount and source of the remuneration, fee or other
   pecuniary sum.
   2
   An office held by the person (whether as a director or otherwise) in a
   company or other body (whether or not incorporated) in respect of which
   the person received or is entitled to receive any remuneration, fee or
   other pecuniary sum
   The name and address of the company or other body and the amount of the
   remuneration, fee or other pecuniary sum.
   3
   A company, partnership, association or other body in which the person
   is an investor
   The name and address or description of the company, partnership,
   association or other body.
   4
   Land in which the person has a beneficial interest (other than by way
   of security for a debt)
   The address or description of the land.
   5
   A trust (other than a testamentary trust) of which the person is a
   beneficiary or trustee
   A description of the trust and the name and address of each trustee.
   6
   Any other pecuniary interest of the person of a kind determined by the
   Minister
   The information required by the Minister to be disclosed in respect of
   that pecuniary interest.

   (2) For the purposes of this regulation--

   (a) a reference to a beneficial interest in land includes a reference
   to a right to reacquire land;

   (b) a person who is an object of a discretionary trust is to be taken
   to be a beneficiary of that trust;

   (c) a person is an investor in a body if--

   (i) the person has deposited money with, or lent money to, the body
   that has not been repaid and the amount not repaid equals or exceeds
   $10 000; or

   (ii) the person holds, or has a beneficial interest in, shares in, or
   debentures of, the body or a policy of life insurance issued by the
   body.

   Legislative history

   Notes

   o For further information relating to the Act and subordinate
   legislation made under the Act see the Index of South Australian
   Statutes or www.legislation.sa.gov.au.

   Principal regulations

   Year
       No
          Reference
                                 Commencement
   2008
       282
          Gazette 6.11.2008 p5060
                                 27.11.2008:  r 2