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Australian National Railways Commission Sale Act 1997
57Payment of amounts to the Commonwealth
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##### 57 Payment of amounts to the Commonwealth
(1) The Minister for Finance may give the Commission a written direction requiring the Commission to pay a specified amount to the Commonwealth before a specified time.
(2) The Commission must comply with a direction under subsection (1).
18 Subsection 62(1)
Omit “The Commission”, substitute “Subject to subsections (3) and (4), the Commission”.
19 At the end of section 62
Add:
(3) The Minister for Finance may give the Commission a written direction requiring the Commission not to enter into a loan.
(4) The Commission must comply with a direction under subsection (3).
20 Subsection 63(1)
Omit “incurred by it under section 62”, substitute:
incurred by it:
(a) under a borrowing made under section 62; or
(b) under any other contract, arrangement, agreement or obligation.
21 Subsection 63(2)
After “under section 62”, insert “or under any other contract, arrangement, agreement or obligation”.
22 Section 74
After “contrary,”, insert “other than a law that specifically relates to the safety in the operation of railways,”.
23 After section 74
Insert: