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Short title [see Note 1]
1 Short title [see Note 1]
This Act may be cited as the Christmas Island Agreement Act 1958.
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Commonwealth act
This Act approves an amended agreement that governs the Christmas Island Phosphate Commission, keeps the Commission as a corporate body until a separate termination agreement ends it, extends the Act to all Territories, removes the Commission’s Crown immunities, and exempts the Commission from income and land tax. It therefore decides who runs the phosphate enterprise, how long it continues, which legal privileges it has, and which taxes it does not pay.
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Direct links to the current provisions in Christmas Island Agreement Act 1958.
This Act may be cited as the Christmas Island Agreement Act 1958.
This Act shall be deemed to have come into operation on the first day of October, One thousand nine hundred and fifty‑eight.
In this Act:
the amended agreement means the agreement approved by section 6 as amended by the agreement approved by the Christmas Island Agreement Act 1976 and by the agreement approved by the Christmas Island Agreement Amendment Act 1981.
the Commission means the Christmas Island Phosphate Commission constituted under the former agreement and incorporated by the Christmas Island Agreement Act 1949.
the former agreement means the agreement the execution of which was authorized by the Christmas Island Agreement Act 1949.
the termination agreement means the agreement a copy of which is set out in Schedule 2.
This Act extends to all the Territories.
The agreement a copy of which is set out in Schedule 1 is approved.
(1) The Commission continues in existence in accordance with, and for the purposes of, the amended agreement until the Commission ceases to function in accordance with the termination agreement. (2) The Commission, until it ceases to function in accordance with the termination agreement, continues to be a body corporate with perpetual succession and a common seal and to be capable of: (a) suing and being sued in all courts; (b) acquiring, holding and disposing of real and personal property; and (c) entering into contracts for, or incidental to, the carrying out of its functions.
Subject to the next succeeding section, the Commission is not entitled to any of the rights, privileges, immunities or exemptions of the Crown in right of the Commonwealth or of New Zealand.
The income of the Commission is not subject to taxation, and the Commission is not liable to pay land tax, under any law of the Commonwealth or of a State or Territory
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This Act may be cited as the Christmas Island Agreement Act 1958.
This Act shall be deemed to have come into operation on the first day of October, One thousand nine hundred and fifty‑eight.
In this Act:
the amended agreement means the agreement approved by section 6 as amended by the agreement approved by the Christmas Island Agreement Act 1976 and by the agreement approved by the Christmas Island Agreement Amendment Act 1981.
the Commission means the Christmas Island Phosphate Commission constituted under the former agreement and incorporated by the Christmas Island Agreement Act 1949.
the former agreement means the agreement the execution of which was authorized by the Christmas Island Agreement Act 1949.
the termination agreement means the agreement a copy of which is set out in Schedule 2.
This Act extends to all the Territories.
The agreement a copy of which is set out in Schedule 1 is approved.
(1) The Commission continues in existence in accordance with, and for the purposes of, the amended agreement until the Commission ceases to function in accordance with the termination agreement. (2) The Commission, until it ceases to function in accordance with the termination agreement, continues to be a body corporate with perpetual succession and a common seal and to be capable of: (a) suing and being sued in all courts; (b) acquiring, holding and disposing of real and personal property; and (c) entering into contracts for, or incidental to, the carrying out of its functions.
Subject to the next succeeding section, the Commission is not entitled to any of the rights, privileges, immunities or exemptions of the Crown in right of the Commonwealth or of New Zealand.
The income of the Commission is not subject to taxation, and the Commission is not liable to pay land tax, under any law of the Commonwealth or of a State or Territory