FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4, 1986
FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - TABLE OF PROVISIONS
TABLE OF PROVISIONS PART 1 - PRELIMINARYSection 1. Short title 2. Commencement 3. Interpretation 4. Extension to external Territories PART II - ESTABLISHMENT, FUNCTIONS AND POWERS OF CORPORATION 5. Establishment of Corporation 6. Functions of Corporation 7. Performance of functions of Corporation 8. Extent of functions of Corporation 9. Powers of Corporation 10. Limitations on formation of companies, &c. 11. Limitations on formation of partnerships 12. Consultation PART III - CONSTITUTION OF CORPORATION 13. Constitution of Corporation 14. Period of appointment of members 15. Outside employment 16. Remuneration and allowances of members 17. Leave of absence 18. Resignation 19. Termination of appointment 20. Disclosure of interests 21. Meetings of Corporation 22. Acting appointments PART IV - FEDERAL AIRPORTS 23. Schedule airports 24. Certain land not to become Federal airport 25. New Federal airports 26. Variation of Federal airports 27. Closure of Federal airports 28. Vesting of land 29. Corporation holds Federal airports for the Commonwealth 30. State officer may act on certificate 31. Buildings, &c., not to vest automatically 32. Transfer of assets 33. Minister may make arrangements 34. Operation of Federal airports 35. Evidence of boundaries of airports 36. Lands Acquisition Act PART V - OPERATION OF CORPORATION 37. Corporate plan 38. Corporate plan, &c., to Minister 39. Financial targets and performance indicators 40. Minister may vary financial plan 41. Directions to Corporation 42. Reimbursement of cost of complying with directions PART VI - FINANCE 43. Capital structure of Corporation 44. Capital of Corporation 45. Exemption from taxation 46. Payments of dividends to Commonwealth 47. Borrowing from Commonwealth 48. Borrowings otherwise than from Commonwealth 49. Guarantee of borrowings by Corporation 50. Corporation may give security 51. Borrowings not otherwise permitted 52. Guarantee of borrowings by subsidiary of Corporation 53. Delegation by Treasurer 54. Application of Division 2 of Part XI of the Audit Act 55. Audit of subsidiaries 56. Aeronautical charges 57. Rents, &c., paid in advance PART VII - CHIEF EXECUTIVE OFFICER, STAFF AND CONSULTANTS 58. Chief Executive Officer 59. Acting Chief Executive Officer 60. Remuneration and allowances of Chief Executive Officer 61. Staff of Corporation 62. Corporation as employer 63. Engagement of consultants 64. Airport officers 65. Superannuation benefits PART VIII - MISCELLANEOUS 66. Delegation by Minister 67. Delegation by Corporation 68. Duties of Corporation
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69. Airports (Surface Traffic) Act 70. Air Navigation Regulations 71. Airports (Business Concessions) Act 72. By-laws 73. Operation of State and Territory laws 74. Regulations SCHEDULE AIRPORTS FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - LONG TITLE
An Act to establish a Federal Airports Corporation, and for related purposes FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - PART I PART I - PRELIMINARY
FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - SECT 1 Short title
(Assented to 4 March 1986) 1. This Act may be cited as the Federal Airports Corporation Act 1986. (Minister's second reading speech made in- House of Representatives on 12 Feb 1985; Senate on 13 Feb 1985) FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - SECT 2 Commencement
2. This Act shall come into operation on a day to be fixed by Proclamation. FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - SECT 3 Interpretation
3. (1) In this Act, unless the contrary intention appears - "aircraft" includes - (a) any machine that can derive support in the atmosphere from the reactions of the air; and (b) an object that was designed or adapted for use as an aircraft but is incapable of being so used because - (i) a part has, or parts have, been removed from it; or (ii) it is in a wrecked or damaged condition; "appoint" includes re-appoint; "authority of the Commonwealth" includes - (a) a Department of State of the Commonwealth or a Department of the Australian Public Service; (b) the Defence Force; (c) the Australian Customs Service; (d) the Australian Federal Police; (e) a body, whether incorporated or not, established for public purposes by or under a law of the Commonwealth or of a Territory; (f) the holder of an office established for public purposes by or under a law of the Commonwealth or of a Territory; and (g) a company in which the whole of the shares or stock, or shares or stock carrying more than half of the voting power, is or are owned by or on behalf of the Commonwealth; "by-law" means a by-law made under section 72; "Chairperson" means the Chairperson of the Corporation; "Corporation" means the Federal Airports Corporation established by sub-section 5 (1); "Department" means the Department of Aviation; "Deputy Chairperson" means the Deputy Chairperson of the Corporation; "employee" means a person employed by the Corporation under sub-section 61 (1); "Federal airport" means a Schedule airport or another place that is, or places that are, a Federal airport by virtue of Part IV; "financial year" means a period of 12 months commencing on 1 April; "member" means a member of the Corporation and includes the Chairperson and the Deputy Chairperson; "operate", in relation to an airport, includes manage, maintain and improve the airport; "Schedule airport" means an aerodrome known as an airport that is specified in the Schedule; "securities" includes stocks, debentures, debenture stocks, notes, bonds, promissory notes, bills of exchange and similar instruments or documents; "share" means share in the share capital of a corporation, and includes stock except where a distinction between stock and shares is express or implied; "transfer day" means the day fixed under sub-section 23 (1); "vehicle" includes - (a) a trailer, caravan or portion of an articulated vehicle; and (b) an object that was designed or adapted for use as a vehicle but is incapable of being so used because - (i) a part has, or parts have, been removed from it; or (ii) it is in a wrecked or damaged condition. (2) For the purposes of this Act - (a) the Chairperson may be referred to as the Chairman or Chairwoman, as the case requires; (b) the Deputy Chairperson may be referred to as the Deputy Chairman or
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Deputy Chairwoman, as the case requires; (c) the Acting Chairperson may be referred to as the Acting Chairman or Acting Chairwoman, as the case requires; and (d) the Acting Deputy Chairperson may be referred to as the Acting Deputy Chairman or Acting Deputy Chairwoman, as the case requires. (3) The question whether a company is a subsidiary of the Corporation shall be determined in the same manner as the question whether a corporation is a subsidiary of another corporation is determined for the purposes of the Companies Act 1981.
(4) A reference in this Act to dealing with securities includes a reference to - (a) creating, executing, entering into, drawing, making, accepting, indorsing, issuing, discounting, selling, purchasing or re-selling securities; (b) creating, selling, purchasing or re-selling rights or options in respect of securities; and (c) entering into agreements or other arrangements relating to securities. FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - SECT 4 Extension to external Territories
4. (1) This Act extends to all the external Territories, other than Norfolk Island.
(2) The Minister may, by notice published in the Gazette, declare that this Act extends to Norfolk Island and, where the Minister makes such a declaration, the declaration has effect accordingly.
FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - PART II PART II - ESTABLISHMENT, FUNCTIONS AND POWERS OF CORPORATION
FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - SECT 5 Establishment of Corporation
5. (1) There is established by this Act a Corporation by the name of the Federal Airports Corporation.
(2) The Corporation - (a) is a body corporate with perpetual succession; (b) shall have a common seal; and (c) may sue and be sued in its corporate name. (3) All courts, judges and persons acting judicially shall take judicial notice of the imprint of the common seal of the Corporation appearing on a document and shall presume that the document was duly sealed.
FEDERAL AIRPORTS CORPORATION ACT 1986 No. 4 of 1986 - SECT 6