Western Australia bill

Gold Corporation Amendment Bill 2025

WASecond ReadingFull text

Jurisdiction

Western Australia

Making Date

2025-12-03

Collection

bill

Parliamentary Progress

IntroducedFirst ReadingSecond ReadingCommitteePassed HousePassed SenatePassed BothRoyal Assent

Plain English Summary

8/10 complexity

What this Bill does, in plain language

It restructures how the state-owned Gold Corporation (commonly known as The Perth Mint) is governed and operated by folding its governance and financial administration into the Government Trading Enterprises (GTE) legislative framework and by removing two separate statutory subsidiaries that previously existed (the Western Australian Mint and GoldCorp Australia). (See: new relationship to the GTE Act (s.3A), multiple repeals and winding‑up provisions (Part 10 Division 3, ss. 104–105)).
It replaces and updates many administrative provisions in the Gold Corporation Act 1987 so that Gold Corporation operates as a GTE under the Government Trading Enterprises Act 2023 for most corporate, financial and employment matters, while keeping a small number of Gold‑specific rules (for example, some GTE sections are declared non-applicable to Gold Corporation: s.3A(2)).
It abolishes the separate statutory subsidiaries (the Mint and GoldCorp) and provides a mechanism (a Ministerial “transfer order”) to move assets, liabilities, contracts, proceedings and records from those subsidiaries into Gold Corporation automatically and by operation of law, with consequential registration and record‑transfer powers (Part 10 Division 2, ss.81–89). The transfer mechanism is time‑limited: the Minister’s power to make such transfer orders expires 2 years after the relevant provision comes into operation (s.82(10)).
It modernises Gold Corporation’s commercial powers and organisation: removes a number of old, Mint‑specific limits and clarifies that Gold Corporation may trade under “The Perth Mint” or other trading names (s.4); expands the listed commercial activities (s.10); explicitly allows acquisition and disposal of real and personal property and appointing international agents (s.11(2)(ga)–(gb)); and preserves the Treasurer’s ability to impose limits on borrowing and certain transactions (s.11(3)–(4)).

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Deep Dive

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What it does

This Bill restructures the statutory architecture that governed The Perth Mint and its subsidiaries by consolidating functions, abolishing named statutory subsidiaries, and aligning Gold Corporation with the Government Trading Enterprises (GTE) Act 2023 framework. Mechanically, it (a) amends the Gold Corporation Act 1987 to remove repeated subsidiary-specific provisions and to make Gold Corporation the primary legal actor (see, for example, replacement of references throughout so that “Gold Corporation” replaces “the Mint” and “GoldCorp” across multiple provisions), (b) inserts a headnote requiring the Gold Act and the GTE Act to be read together while explicitly excluding a defined list of GTE Act sections from applying to Gold Corporation (s 3A), (c) abolishes the statutory subsidiaries The Mint and GoldCorp and creates a statutory transfer mechanism by which assets, liabilities, contracts and proceedings may be moved to Gold Corporation (Part 10 Divisions 2 and 3; ss 81-90), and (d) transitions corporate governance, executive appointments and a range of financial and reporting obligations into the GTE Act regime subject to transitional arrangements (ss 92-106).

The Bill gives the Minister the power to make transfer orders published in the Gazette specifying assets, liabilities, agreements and substitution in proceedings and to set the transfer time for those matters (s 82). Transfer orders take effect by operation of statute at the transfer time without the need for conveyancing, assignment or other acts and are expressly made exempt from taxes, duties and related charges (s 83(2)-(4)). The Minister may also amend or correct transfer orders before the transfer time (ss 82(9), 88).

Governance and operational authorities are recalibrated. Gold Corporation’s statutory powers and functions are amended (notably in the redrafted ss 10 and 11), the board’s delegation power is broadened by an express delegation provision (s 9), and the Treasurer retains powers to impose quantitative or monetary limits on Gold Corporation borrowing and other specified transactions, after consultation with the Minister and on the board providing recommended requirements at least annually (s 11(3)-(5)). Reporting and financial administration are brought explicitly under the Financial Management Act 2006 and Auditor General Act 2006 regimes (replacement s 54), while the Bill adds a bespoke rule allowing deletion of commercially sensitive information from parliamentary copies of Gold Corporation’s annual report subject to an Auditor General opinion and ministerial agreement (s 56).

Source excerpts

Direct links to excerpts of the current source text in Gold Corporation Amendment Bill 2025.

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Document excerpt 1

Gold Corporation Amendment Bill 2025

46—1 page i Western Australia Gold Corporation Amendment Bill 2025 Contents Part 1 — Preliminary

Short title 2
Commencement 2 Part 2 — Gold Corporation Act 1987 amended
Act amended 3
Long title amended 3
Section 3 amended 3
Section 3A inserted 4 3A. Relationship to GTE Act 4
Section 4 amended 4
Sections 5 to 8 deleted 5
Section 9 replaced 5
Delegation by Gold Corporation 5
Sections 9A to 9C deleted 6
Section 10 amended 6
Section 11 amended 7
Part IV heading replaced 8 Part 4 — Financial and security provisions of Gold Corporation
Sections 15 and 16 deleted 8
Section 18 deleted 9
Section 21 deleted 9
Section 22 amended 9
Section 23 amended 9
Part VI heading and Part VI Division 1 heading deleted 9
Sections 35 to 37 deleted 10

Gold Corporation Amendment Bill 2025 Contents page ii 21. Section 38 amended 10 22. Sections 39 to 41 deleted 10 23. Part VI Division 2 heading deleted 10 24. Section 42 deleted 10 25. Section 43 amended 10 26. Section 44 deleted 11 27. Part VI Division 3 heading deleted 11 28. Section 45 deleted 11 29. Section 46 amended 11 30. Section 47 amended 12 31. Part VII replaced 14 Part 7 — Matters affecting application of GTE Act 48. Gold related transactions not disposal of significant asset or significant transaction under GTE Act 14 49. Lease or loan of gold not financial accommodation under GTE Act 14 50. Treasurer’s GTE instructions under GTE Act 14 51. Regulations concerning financial administration and audit under GTE Act 15 32. Section 54 replaced 15 54. Application of Financial Management Act 2006 and Auditor General Act 2006 15 33. Section 55 amended 15 34. Section 56 inserted 16 56. Deletion of commercially sensitive information from copies of annual reports 16 35. Section 67 amended 17 36. Section 68 amended 19 37. Section 70 amended 19 38. Sections 71 to 73 deleted 19 39. Section 74 amended 19 40. Section 77 amended 21 41. Section 78 deleted 21 42. Part 10 inserted 22 Part 10 — Transitional provisions for Gold Corporation Amendment Act 2025 Division 1 — Preliminary 79. Terms used 22 80. Transitional regulations 22

Gold Corporation Amendment Bill 2025 Contents page iii Division 2 — Transfer orders 81. Terms used 24 82. Minister may make transfer orders 24 83. Consequences of transfer orders 26 84. Completion of transactions for this Division 28 85. Effect of arrangements internal to transferors 28 86. Delivery and access to records 29 87. Registration of documents 30 88. Correction of errors in transfer orders 31 89. Effect of this Division on existing rights and obligations 31 90. Authorised disclosure of information 32 43. Part 10 Division 3 inserted 33 Division 3 — Other transitional provisions 91. Terms used 33 92. Completion of things started before transition day 33 93. Continuing effect of things done before transition day 34 94. Board of directors 34 95. Chief executive officer of Gold Corporation 35 96. Deputy chief executive officer of Gold Corporation 36 97. Indemnities, exemptions and insurance for certain liabilities of directors and others 37 98. Statement of expectations 37 99. Annual performance statement 37 100. Dividends 38 101. Local government rates 38 102. Capital of Gold Corporation 38 103. Existing subsidiaries of Gold Corporation 38 104. Winding up Mint 39 105. Winding up GoldCorp 39 44. Schedules 1 and 2 deleted 40 45. Various references to “Board” amended 40 46. Various references to “shall” amended 40 Part 3 — Repeal 47. Gold Corporation (Policy Instruments) Regulations 2009 repealed 42

Gold Corporation Amendment Bill 2025 Contents page iv Part 4 — Freedom of Information Act 1992 amended 48. Act amended 43 49. Schedule 1 clause 15 amended 43 Part 5 — Government Trading Enterprises Act 2023 amended 50. Act amended 44 51. Section 3 amended 44 Part 6 — Procurement Act 2020 amended 52. Act amended 45 53. Section 5 amended 45 Part 7 — Public Sector Management Act 1994 amended 54. Act amended 46 55. Schedule 1 amended 46 Part 8 — Salaries and Allowances Act 1975 amended 56. Act amended 47 57. Section 12AA inserted 47 12AA. Transitional provisions for Gold Corporation Amendment Act 2025 47 58. Schedule 2 amended 47 Part 9 — Western Australian Jobs Act 2017 amended 59. Act amended 48 60. Section 3 amended 48

page 1 Western Australia LEGISLATIVE ASSEMBLY Gold Corporation Amendment Bill 2025 A Bill for An Act to amend the Gold Corporation Act 1987 and to make related and consequential amendments to other Acts. The Parliament of Western Australia enacts as follows:

Gold Corporation Amendment Bill 2025 Part 1 Preliminary s. 1 page 2 Part 1 — Preliminary1

Short title2 This is the Gold Corporation Amendment Act 2025.3
Commencement4 This Act comes into operation as follows —5 (a) Part 1 — on the day on which this Act receives the6 Royal Assent (assent day);7 (b) Part 2 (but only sections 3 and 42) — on the day after8 assent day;9 (c) the rest of the Act — on a day fixed by proclamation,10 and different days may be fixed for different provisions.11

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 3 page 3 Part 2 — Gold Corporation Act 1987 amended1 3. Act amended2 This Part amends the Gold Corporation Act 1987.3 4. Long title amended4 In the long title delete “to preserve and continue the Western5 Australian Mint and constitute GoldCorp Australia as6 subsidiaries of Gold Corporation and provide for their7 functions and the conduct of their businesses, to repeal the8 Western Australian Mint Act 1970”.9 5. Section 3 amended10 (1) In section 3(1) delete the definitions of:11 Board12 chief executive officer13 Corporations Act14 deputy chief executive officer15 director16 Gold Bank17 GoldCorp18 Mint19 repealed Act20 statutory authority21 subsidiary22 The Director of The Perth Mint23 Treasurer24

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 6 page 4 (2) In section 3(1) insert in alphabetical order:1 2 GTE Act means the Government Trading Enterprises3 Act 2023;4 5 (3) Delete section 3(3).6 Note: The heading to amended section 3 is to read:7 Terms used8 6. Section 3A inserted9 At the end of Part I insert:10 11 3A. Relationship to GTE Act12 (1) The GTE Act is to be read with this Act as if they13 formed a single Act.14 (2) However, the GTE Act sections 81, 83, 84, 85, 91, 12615 to 131, 135, 136, 137, 144, 145 and 147 do not apply in16 relation to this Act or Gold Corporation.17 18 7. Section 4 amended19 (1) Delete section 4(4) and insert:20 21 (4) Gold Corporation may use, and operate any of its22 business under, the name of “The Perth Mint” or 1 or23 more trading names approved by the Minister.24 (4A) A trading name may be —25 (a) an abbreviation or adaptation of Gold26 Corporation; or27 (b) any other name.28 29

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 8 page 5 (2) In section 4(5) delete “(subject to section 16(9)),”.1 (3) Delete section 4(6), (7) and (8).2 8. Sections 5 to 8 deleted3 Delete sections 5 to 8.4 9. Section 9 replaced5 Delete section 9 and insert:6 7 9. Delegation by Gold Corporation8 (1) Gold Corporation may delegate to any of the following9 a power or duty of Gold Corporation under another10 provision of this Act —11 (a) a director or directors;12 (b) the chief executive officer;13 (c) a member of staff;14 (d) a committee established under the GTE Act15 section 26(1);16 (e) any other person.17 (2) The delegation must be in writing executed by Gold18 Corporation.19 (3) The delegation may expressly authorise the delegate to20 further delegate the power or duty.21 (4) A person exercising or performing a power or duty that22 has been delegated to the person as authorised under23 this section is taken to do so in accordance with the24 terms of the delegation unless the contrary is shown.25 (5) Nothing in this section limits the ability of Gold26 Corporation to perform a function through an officer or27 agent.28

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 10 page 6 (6) This section does not apply to the execution of1 documents.2 Note for this subsection:3 Authority to execute documents on behalf of Gold4 Corporation can be given under the GTE Act5 section 156(4).6 7 10. Sections 9A to 9C deleted8 Delete sections 9A to 9C.9 11. Section 10 amended10 In section 10(1):11 (a) delete paragraph (e) and insert:12 13 (e) to crush, mill, recover, extract, process, smelt,14 sample, refine, assay and work gold and its15 ores, dore and alloys;16 17 (b) in paragraph (f) delete “elsewhere;” and insert:18 19 elsewhere, to the extent necessary for carrying out the20 other functions stated in this subsection;21 22 (c) delete paragraph (h);23 (d) in paragraph (i) delete “export”;24 (e) delete paragraph (j);25 (f) delete paragraph (m) and insert:26 27 (m) to establish and maintain the qualifications,28 skills and accreditations necessary for carrying29 out the other functions stated in this subsection;30

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 12 page 7 (n) to carry on activities related to the management1 of a battery formerly operated by the State2 which is, pursuant to a management order3 under the Land Administration Act 1997, under4 the management of Gold Corporation but only5 until the battery is no longer under the6 management of Gold Corporation;7 (o) to do things that its board determines to be8 conducive or incidental to the performance of9 any other function stated in this subsection;10 (p) to do things that it is authorised to do by any11 other written law.12 13 12. Section 11 amended14 (1) In section 11(2):15 (a) delete paragraph (g)(iii);16 (b) after paragraph (g) insert:17 18 (ga) acquire, hold or dispose of real and personal19 property;20 (gb) appoint agents and distributors in Australia and21 elsewhere for the purposes of marketing22 internationally things containing or associated23 with gold;24 25 (2) Delete section 11(3) and (4) and insert:26 27 (3) The Treasurer may from time to time impose limits or28 other restrictions on —29 (a) the physical quantity of gold that Gold30 Corporation may borrow or lease; or31

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 13 page 8 (b) the monetary value of currency, or of any1 liability related to currency, that Gold2 Corporation may borrow or incur.3 (4) After consultation with the Minister, the Treasurer may4 from time to time impose limits or other restrictions on5 transactions that —6 (a) are entered into by Gold Corporation for the7 purpose of exercising a power mentioned in8 section 11(2)(a), (b), (c) or (d); and9 (b) would, apart from section 48, be the disposal of10 a significant asset as defined in the GTE Act11 section 95 or a significant transaction as12 defined in the GTE Act section 100.13 (5) For the purpose of determining limits or restrictions14 imposed under subsection (3) or (4), the board must15 inform the Treasurer of its recommendations as to the16 requirements of Gold Corporation at least once in each17 financial year and at the other times as the Treasurer18 may require.19 20 13. Part IV heading replaced21 Delete the heading to Part IV and insert:22 23 Part 4 — Financial and security provisions of24 Gold Corporation25 26 14. Sections 15 and 16 deleted27 Delete sections 15 and 16.28

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 15 page 9 15. Section 18 deleted1 Delete section 18.2 16. Section 21 deleted3 Delete section 21.4 17. Section 22 amended5 (1) In section 22(1)(a), (2) and (3) delete “Corporation, the Mint or6 GoldCorp” and insert:7 8 Corporation9 10 (2) In section 22(4):11 (a) in paragraph (b) delete “and its subsidiaries are jointly12 and severally” and insert:13 14 are15 16 (b) delete “and the subsidiaries”.17 (3) Delete section 22(6).18 18. Section 23 amended19 In section 23(1) delete “by, as the case requires, Gold20 Corporation, the Mint or GoldCorp” and insert:21 22 by Gold Corporation23 24 19. Part VI heading and Part VI Division 1 heading deleted25 Delete the heading to Part VI and the heading to Part VI26 Division 1.27

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 20 page 10 20. Sections 35 to 37 deleted1 Delete sections 35 to 37.2 21. Section 38 amended3 In section 38 delete “The Mint may utilize” and insert:4 5 Gold Corporation may utilise6 7 22. Sections 39 to 41 deleted8 Delete sections 39 to 41.9 23. Part VI Division 2 heading deleted10 Delete the heading to Part VI Division 2.11 24. Section 42 deleted12 Delete section 42.13 25. Section 43 amended14 (1) In section 43(1):15 (a) delete “rendered or materials supplied by The Director16 of The Perth Mint or the Mint” and insert:17 18 rendered, or materials or products supplied, by Gold19 Corporation20 21 (b) delete “by the Mint” and insert:22 23 by Gold Corporation24 25

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 26 page 11 (2) In section 43(2) delete “the Mint after the coming into operation1 of this Part” and insert:2 3 Gold Corporation4 5 26. Section 44 deleted6 Delete section 44.7 27. Part VI Division 3 heading deleted8 Delete the heading to Part VI Division 3.9 28. Section 45 deleted10 Delete section 45.11 29. Section 46 amended12 (1) In section 46(1):13 (a) delete “the Mint or”;14 (b) delete “the Mint,” and insert:15 16 Gold Corporation,17 18 (c) delete “in the Mint” and insert:19 20 at premises owned, operated or controlled by Gold21 Corporation22 23 (2) In section 46(3) delete “in the Mint” and insert:24 25 at premises owned, operated or controlled by Gold Corporation26 27

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 30 page 12 30. Section 47 amended1 (1) In section 47(1):2 (a) delete “the Mint — ” and insert:3 4 Gold Corporation —5 6 (b) in paragraphs (a), (b) and (c) delete “the Mint,” and7 insert:8 9 Gold Corporation,10 11 (c) in paragraph (d) delete “the Mint” and insert:12 13 Gold Corporation14 15 (d) in paragraph (d) delete “the Mint,” and insert:16 17 Gold Corporation,18 19 (2) In section 47(2):20 (a) delete “the Mint,” (1st occurrence) and insert:21 22 Gold Corporation,23 24 (b) delete “the Mint” and insert:25 26 Gold Corporation27 28 (c) delete “the Mint,” (2nd occurrence) and insert:29 30 Gold Corporation,31 32

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 30 page 13 (3) In section 47(3):1 (a) delete “the Mint” and insert:2 3 Gold Corporation4 5 (b) delete “the Mint,” and insert:6 7 Gold Corporation,8 9 (4) In section 47(5):10 (a) in paragraph (a) delete “the Mint” and insert:11 12 Gold Corporation13 14 (b) in paragraph (a) delete “the Mint;” and insert:15 16 Gold Corporation;17 18 (c) in paragraph (f) delete “the Mint includes” and insert:19 20 Gold Corporation includes21 22 (d) in paragraph (f) delete “the Mint in relation to any23 function of the Mint,” and insert:24 25 Gold Corporation in relation to any function of Gold26 Corporation,27 28 Note: The heading to amended section 47 is to read:29 Protection of Gold Corporation name and symbols30

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 31 page 14 31. Part VII replaced1 Delete Part VII and insert:2 3 Part 7 — Matters affecting application of4 GTE Act5 48. Gold related transactions not disposal of significant6 asset or significant transaction under GTE Act7 (1) In this section —8 gold related transaction means a transaction entered9 into by Gold Corporation for the purpose of exercising10 a power mentioned in section 11(2)(a), (b), (c) or (d).11 (2) The GTE Act Part 7 Division 3 Subdivision 2 does not12 apply in relation to a gold related transaction.13 (3) The GTE Act Part 7 Division 3 Subdivision 3 does not14 apply in relation to a gold related transaction.15 49. Lease or loan of gold not financial accommodation16 under GTE Act17 The GTE Act section 132 does not apply in relation to18 a lease or loan of gold by Gold Corporation.19 50. Treasurer’s GTE instructions under GTE Act20 A Treasurer’s instruction applying to Gold Corporation21 under the Financial Management Act 2006 section 7822 prevails to the extent of any inconsistency with a23 Treasurer’s GTE instruction applying to Gold24 Corporation under the GTE Act section 148.25

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 32 page 15 51. Regulations concerning financial administration1 and audit under GTE Act2 The Financial Management Act 2006 prevails to the3 extent of any inconsistency with a regulation made4 under the GTE Act section 149.5 6 32. Section 54 replaced7 Delete section 54 and insert:8 9 54. Application of Financial Management Act 2006 and10 Auditor General Act 200611 The provisions of the Financial Management Act 200612 and the Auditor General Act 2006 regulating the13 financial administration, audit and reporting of14 statutory authorities and their subsidiaries apply to and15 in respect of Gold Corporation and its operations.16 17 33. Section 55 amended18 In section 55(1):19 (a) delete “Gold Corporation, the Mint and GoldCorp” and20 insert:21 22 Gold Corporation23 24 (b) in paragraph (b) delete “their respective” and insert:25 26 its27 28

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Document excerpt 2

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 34 page 16 (c) in paragraph (b) delete “section 11, 18 or 50;” and1 insert:2 3 this Act or the GTE Act;4 5 (d) delete paragraph (c);6 (e) in paragraph (e) delete “their respective” and insert:7 8 its9 10 34. Section 56 inserted11 At the end of Part VIII insert:12 13 56. Deletion of commercially sensitive information from14 copies of annual reports15 (1) This section applies in relation to an annual report16 prepared by Gold Corporation under the Financial17 Management Act 2006 section 61.18 (2) The board may request the Minister to delete19 information that is of a commercially sensitive nature20 from a copy of the annual report (and any21 accompanying documents) relating to Gold22 Corporation that is to be laid before each House of23 Parliament.24 (3) The Minister must not agree to a request under25 subsection (2) unless the Auditor General gives a26 written opinion as to whether the information27 concerned is of a commercially sensitive nature.28

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 35 page 17 (4) If the Minister agrees to a request under subsection (2),1 the copy of the annual report laid before each House of2 Parliament —3 (a) must include a statement that information has4 been deleted from the report under this section;5 and6 (b) must be accompanied by a copy of the Auditor7 General’s opinion under subsection (3).8 (5) If information that is of a commercially sensitive9 nature is deleted from a copy of the annual report under10 this section, the copy of the annual report without that11 information is sufficient for the purposes of the12 Minister complying with the Financial Management13 Act 2006 section 64.14 (6) Nothing in this section affects, or is intended to affect,15 the operation of the Parliamentary Papers Act 1891 or16 the Parliamentary Privileges Act 1891.17 18 35. Section 67 amended19 (1) In section 67(1):20 (a) delete “Corporation, the Mint or GoldCorp — ” and21 insert:22 23 Corporation —24 25 (b) in paragraph (a) delete “Corporation, the Mint, or26 GoldCorp, as the case may require,” and insert:27 28 Corporation29 30

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 35 page 18 (c) in paragraph (b) and (c) delete “Corporation, the Mint or1 GoldCorp, as the case may require,” and insert:2 3 Corporation4 5 (d) in paragraph (d) delete “Corporation, the Mint or6 GoldCorp shall not be” and insert:7 8 Corporation is not to be9 10 (2) In section 67(2):11 (a) delete “Corporation, the Mint or GoldCorp” and insert:12 13 Corporation14 15 (b) delete “the Mint, or GoldCorp,”.16 (3) At the end of section 67 insert:17 18 (3) Subsection (4) applies if —19 (a) any of the following material is smelted,20 sampled, assayed, refined or otherwise worked21 at premises owned, operated or controlled by22 Gold Corporation —23 (i) gold;24 (ii) ore or dore bearing any gold;25 (iii) an alloy of gold;26 and27 (b) after the normal working procedures have been28 carried out and the material worked has been29

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 36 page 19 delivered to or on behalf of the person for1 whom the work was done, a residue remains —2 (i) in equipment used to assay, refine,3 sample, smelt or otherwise work the4 material; or5 (ii) at the premises.6 (4) The residue mentioned in subsection (3)(b) vests in7 Gold Corporation absolutely as though it had been gold8 purchased in good faith by Gold Corporation.9 10 Note: The heading to amended section 67 is to read:11 Title to gold12 36. Section 68 amended13 Delete section 68(2).14 37. Section 70 amended15 (1) In section 70(1) delete “and the employees of the Mint and16 GoldCorp”.17 (2) In section 70(2) delete “Gold Corporation, the Mint and18 GoldCorp” and insert:19 20 Gold Corporation21 22 38. Sections 71 to 73 deleted23 Delete sections 71 to 73.24 39. Section 74 amended25 (1) Delete section 74(1) and (2).26

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 39 page 20 (2) In section 74(3) delete “the Mint or any record affecting or1 relating to affairs of the Mint” and insert:2 3 Gold Corporation or any record affecting or relating to affairs of4 Gold Corporation5 6 (3) In section 74(3) delete the Penalty and insert:7 8 Penalty for this subsection: imprisonment for 2 years9 and a fine of $10 000.10 11 (4) In section 74(4) delete “the Mint” and insert:12 13 Gold Corporation14 15 (5) In section 74(4) delete the Penalty and insert:16 17 Penalty for this subsection: imprisonment for 2 years18 and a fine of $10 000.19 20 (6) In section 74(6) delete the definitions of:21 information22 to divulge23 to produce24 (7) In section 74(6) in the definition of record delete “stored;” and25 insert:26 27 stored.28 29

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 40 page 21 40. Section 77 amended1 (1) In section 77 delete “The” and insert:2 3 (1) The4 5 (2) At the end of section 77 insert:6 7 (2) Regulations under this Act may be expressed to prevail8 over regulations made under the GTE Act.9 (3) Regulations in reliance on subsection (2) must not be10 made except on the recommendation of —11 (a) the Minister; and12 (b) the Minister to whom the administration of the13 GTE Act is committed.14 (4) If, and to the extent that regulations under this Act are15 so expressed, in the event of a conflict or inconsistency16 between a provision of those regulations and a17 provision of regulations made under the GTE Act, the18 former provision prevails.19 20 41. Section 78 deleted21 Delete section 78.22

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 42 page 22 42. Part 10 inserted1 At the end of Part IX insert:2 3 Part 10 — Transitional provisions for Gold4 Corporation Amendment Act 20255 Division 1 — Preliminary6 79. Terms used7 In this Part —8 GoldCorp means the subsidiary of Gold Corporation9 known as GoldCorp Australia constituted under10 repealed section 48;11 Mint means the Western Australian Mint preserved and12 continued in existence under repealed section 35.13 80. Transitional regulations14 (1) In this section —15 publication day, for transitional regulations, means the16 day on which the transitional regulations are published17 in accordance with the Interpretation Act 198418 section 41(1)(a);19 specified, in relation to transitional regulations, means20 specified or described in the transitional regulations;21 transitional matter —22 (a) means a matter of a transitional nature that23 arises as a result of an amendment made under24 the Gold Corporation Amendment Act 2025;25 and26 (b) includes a saving or application matter;27 transitional regulations means regulations referred to28 in subsection (2).29

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 42 page 23 (2) If there is not sufficient provision in this Act for1 dealing with a transitional matter, regulations under2 this Act may prescribe all matters that are required or3 necessary or convenient to be prescribed for dealing4 with the matter.5 (3) Transitional regulations may provide that specified6 provisions of a written law —7 (a) do not apply to or in relation to a specified8 matter; or9 (b) apply with specified modifications to or in10 relation to any matter.11 (4) Transitional regulations cannot be made after the end12 of the period of 2 years beginning on the day on which13 this section comes into operation.14 (5) If transitional regulations provide that a specified state15 of affairs is taken to have existed, or not to have16 existed, on and after a day that is earlier than17 publication day but not earlier than the day on which18 this section comes into operation, the transitional19 regulations have effect according to their terms.20 (6) If transitional regulations contain a provision referred21 to in subsection (5), the provision does not operate so22 as to —23 (a) affect in a manner prejudicial to any person24 (other than the State or an authority of the25 State) the rights of that person existing before26 publication day; or27 (b) impose liabilities on any person (other than the28 State or an authority of the State) in respect of29 anything done or omitted to be done before30 publication day.31

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 42 page 24 Division 2 — Transfer orders1 81. Terms used2 In this Division —3 asset —4 (a) means any legal or equitable estate or interest5 (whether present or future, whether vested or6 contingent and whether personal or assignable)7 in real or personal property of any description;8 and9 (b) includes any money, security, chose in action or10 document;11 business day means a day other than a Saturday, a12 Sunday or a public holiday;13 liability means any liability, duty or obligation whether14 actual, contingent or prospective, liquidated or15 unliquidated, and whether owed alone or jointly, or16 jointly and severally with any other person;17 statutory subsidiary means the Mint or GoldCorp;18 transfer order has the meaning given in section 82(1).19 82. Minister may make transfer orders20 (1) The Minister may, by order (a transfer order)21 published in the Gazette, specify all or any of the22 following —23 (a) the assets or liabilities that are to be transferred24 from a statutory subsidiary to Gold25 Corporation, as specified in the order;26 (b) the proceedings in which Gold Corporation is27 to be substituted for a statutory subsidiary as a28 party;29

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 42 page 25 (c) the agreements or instruments relating to1 anything transferred that are to have effect as if2 a reference to a statutory subsidiary were a3 reference to Gold Corporation in the agreement4 or instrument, unless otherwise expressly5 specified in the order;6 (d) the time (the transfer time) at which a matter7 mentioned in paragraphs (a) to (c) is to happen.8 (2) A transfer order may also deal with any matter that is9 incidental or supplementary to a matter mentioned in10 subsection (1)(a) to (c).11 (3) The transfer time for a transfer order must be after the12 day on which the order is published in the Gazette.13 (4) If the transfer time for a transfer order is specified by14 reference to when a thing is done, the Minister must15 ensure that notice of the time when the thing is done is16 published in the Gazette.17 (5) A person or thing may be specified in a transfer order18 by describing the person or thing as a member of a19 class.20 (6) A transfer order may specify persons or things by21 reference to schedules that —22 (a) need not be published in the Gazette; but23 (b) must be available for public inspection on24 business days at the place and between the25 times specified in the transfer order for26 6 months after the day on which the transfer27 order is published in the Gazette.28 (7) A person or thing specified in a schedule for a transfer29 order is taken to be specified in the transfer order.30

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 42 page 26 (8) Before a transfer order is made specifying anything by1 reference to a schedule, the Minister must consult each2 relevant official to whom a copy of the schedule must3 be given under section 87(2) about the form and4 content of the schedule for the purpose of facilitating5 the recording and registration of instruments or6 documents as required by section 87(3)(b).7 (9) The Minister may, by order published in the Gazette,8 amend a transfer order or a schedule for a transfer9 order, but only —10 (a) before the transfer time for the order; and11 (b) with the consent of the transferee.12 (10) The Minister’s power to make a transfer order under13 this section expires 2 years after the day on which this14 section comes into operation.15 83. Consequences of transfer orders16 (1) In this section —17 specified, in relation to a thing and a transfer order,18 means the thing as specified in the transfer order.19 (2) A transfer order has effect at the transfer time for the20 order as follows —21 (a) a specified asset is transferred to, and becomes22 an asset of, Gold Corporation;23 (b) a specified liability is transferred to, and24 becomes a liability of, Gold Corporation;25 (c) Gold Corporation is substituted for a statutory26 subsidiary as a party to any specified27 proceedings;28 (d) a specified agreement or instrument has effect29 as if a reference to a statutory subsidiary were a30

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 42 page 27 reference to Gold Corporation unless otherwise1 specified in the transfer order;2 (e) any proceedings or remedy that might have3 been commenced by, or available against or to,4 a statutory subsidiary in relation to an asset or5 liability transferred by paragraph (a) or (b) may6 be commenced by, or are available against or7 to, Gold Corporation;8 (f) anything relating to an asset or liability9 transferred by paragraph (a) or (b) that was10 done or omitted to be done by, to or in respect11 of a statutory subsidiary before the transfer and12 is of any effect is taken to have been done or13 omitted to be done by, to or in respect of Gold14 Corporation.15 (3) The transfer of an asset, right or liability under this16 Division —17 (a) happens by operation of this section without the18 need for any conveyance, transfer, assignment19 or assurance, or any prior notice or further act;20 and21 (b) is exempt from any tax, duty, levy, charge or22 fee that would otherwise be imposed or23 recoverable under a written law; and24 (c) has effect despite any other written law or25 instrument.26 (4) The exemption in subsection (3)(b) extends to anything27 done (including a transaction entered into or an28 instrument or document of any kind made, executed,29 lodged or given) to give effect to, or in connection30 with, the transfer of an asset, right or liability under31 this Division.32

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 42 page 28 (5) The Minister may certify in writing that —1 (a) a specified thing occurred by operation of this2 Division; or3 (b) a specified thing was done under this Division,4 or to give effect to this Division, or for a5 purpose connected with or arising out of giving6 effect to this Division.7 (6) For all purposes and in all proceedings, a certificate8 under subsection (5) is sufficient evidence of the9 matters it certifies, unless the contrary is shown.10 84. Completion of transactions for this Division11 If a transfer order cannot to any extent have the effect12 sought to be achieved by this Division (whether13 because a matter is governed otherwise than by a law14 of this State or for any other reason), the Minister,15 Gold Corporation and the relevant statutory subsidiary16 must each take all practicable steps to achieve that17 effect as soon as possible after the transfer time for the18 order.19 85. Effect of arrangements internal to transferors20 (1) An instrument that provides for arrangements between21 different parts of a statutory subsidiary’s business or22 undertaking may be specified in a transfer order as if it23 created contractual rights and liabilities.24 (2) An instrument specified as described in subsection (1)25 is to be regarded as if its provisions were contractual26 provisions between different legal entities.27 (3) A contractual right or liability that is to be regarded as28 arising because of subsection (2) is transferable under29 this Division.30

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 42 page 29 86. Delivery and access to records1 (1) In this section —2 personal information has the meaning given in the3 Freedom of Information Act 1992 Glossary clause 1;4 record includes a register, minute, receipt, book of5 account or another document (however compiled,6 recorded or stored);7 relevant record, in relation to a transfer order, means a8 record relating to an asset, liability, agreement,9 instrument or proceeding specified in the transfer10 order.11 (2) The Minister may give a statutory subsidiary under a12 transfer order a direction (whether in the transfer order13 or otherwise in writing) as to which relevant records, or14 classes of relevant records, in the possession or control15 of the statutory subsidiary must be delivered to or16 shared with, or be able to be accessed by, Gold17 Corporation under the transfer order.18 (3) The statutory subsidiary must deliver to or share with19 Gold Corporation, or enable Gold Corporation to have20 access to, relevant records in accordance with the21 direction.22 (4) The statutory subsidiary and Gold Corporation must23 make arrangements for the delivery or sharing of, or24 access to, relevant records in accordance with the25 direction.26 (5) This section authorises the transfer of personal27 information, including authorising a statutory28 subsidiary to transfer the information, and Gold29 Corporation to collect the information, in accordance30 with the direction mentioned in subsection (2).31

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Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 42 page 30 87. Registration of documents1 (1) In this section —2 relevant official means any of the following —3 (a) the Minister responsible for the administration4 of the Land Administration Act 1997;5 (b) the Registrar of Deeds and Transfers under the6 Registration of Deeds Act 1856;7 (c) the Commissioner of Titles under the Transfer8 of Land Act 1893;9 (d) any other person authorised by a written law to10 record and give effect to the registration of11 instruments or documents relating to12 transactions affecting any estate or interest in13 land or any other property.14 (2) The Minister must ensure that a copy of each of the15 following instruments is given to each relevant16 official —17 (a) a transfer order and any schedule for it;18 (b) any order made under section 82(9) amending a19 transfer order or any schedule for it;20 (c) any order made under section 88(1) correcting21 any error in a transfer order or any schedule for22 it;23 (d) any notice published under section 82(4) in24 respect of the transfer time in relation to a25 transfer order.26 (3) A relevant official must —27 (a) take notice of this Division, a transfer order and28 any other instrument relating to a transfer order29 that is referred to in subsection (2); and30

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 42 page 31 (b) record and register in the appropriate manner1 the instruments or documents necessary to2 show the effect of this Division and a transfer3 order.4 88. Correction of errors in transfer orders5 (1) The Minister may, by order published in the Gazette,6 make any provision that is necessary to correct any7 error in a transfer order or a schedule for a transfer8 order.9 (2) An order made under subsection (1) may be expressed10 to take effect on and after the transfer time.11 (3) To the extent that a provision of an order made under12 subsection (1) takes effect before the order is published13 in the Gazette, section 83 does not, as a result of that14 provision, operate so as to —15 (a) affect in a manner prejudicial to any person16 (other than the State, the transferor or17 transferee, or a Minister, officer or agency of18 the State) the rights of that person existing19 before publication; or20 (b) impose liabilities on any person (other than the21 State, the transferor or transferee, or a Minister,22 officer or agency of the State) in respect of23 anything done or omitted to be done before24 publication.25 89. Effect of this Division on existing rights and26 obligations27 The operation of this Division, including anything done28 or omitted to be done under or for the purposes of this29 Division, is not to be regarded as —30 (a) a breach of confidence or any other civil31 wrong; or32

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 42 page 32 (b) a breach of a contract or instrument, including1 (without limitation) a provision prohibiting,2 restricting or regulating the assignment or3 transfer of assets, rights or liabilities; or4 (c) requiring any act to be done under a contract or5 instrument; or6 (d) giving rise to a right or remedy of a party to a7 contract or instrument, or causing or permitting8 the termination of, or exercise of rights under, a9 contract or instrument; or10 (e) an event of default under a contract or11 instrument; or12 (f) causing a contract or instrument to be void or13 otherwise unenforceable; or14 (g) releasing, or allowing the release of, any surety15 or other obligee from the whole or part of an16 obligation.17 90. Authorised disclosure of information18 (1) This section applies to the following entities —19 (a) the Government;20 (b) Gold Corporation;21 (c) a statutory subsidiary;22 (d) a person acting on behalf of a body referred to23 in paragraphs (a) to (c).24 (2) If an entity discloses information or documents in good25 faith for the purpose of complying with or enabling the26 requirements of a transfer order —27 (a) no civil or criminal liability is incurred in28 respect of the disclosure; and29 (b) the disclosure is not to be regarded as a breach30 of any duty of confidentiality or secrecy31 imposed by law; and32

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 43 page 33 (c) the disclosure is not to be regarded as a breach1 of professional ethics or standards or as2 unprofessional conduct.3 (3) Subsection (2) does not extend to the manner in which4 a thing is done if it is done in a manner contrary to a5 duty to exercise reasonable care and diligence.6 7 43. Part 10 Division 3 inserted8 At the end of Part 10 insert:9 10 Division 3 — Other transitional provisions11 91. Terms used12 In this Division —13 amended, in relation to a provision of this Act, means14 that provision as in force immediately before being15 amended by the Gold Corporation Amendment16 Act 2025;17 repealed, in relation to a provision of this Act, means18 that provision as in force immediately before being19 repealed by the Gold Corporation Amendment20 Act 2025;21 transition day means the day on which the Gold22 Corporation Amendment Act 2025 section 11 comes23 into operation.24 92. Completion of things started before transition day25 Anything started by a person under or for the purposes26 of an amended or a repealed provision of this Act27 before transition day may, if there is a provision of the28 GTE Act that corresponds to the amended or repealed29 provision of this Act in relation to that thing, be30

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 43 page 34 continued by the person on and after transition day1 under the provision of the GTE Act.2 93. Continuing effect of things done before transition3 day4 (1) This section applies to an act, matter or thing done by a5 person under or for the purposes of an amended or a6 repealed provision of this Act before transition day, to7 the extent to which that act, matter or thing has any8 force or significance on and after transition day.9 (2) If there is a provision of the GTE Act that corresponds10 to the amended or repealed provision in relation to the11 act, matter or thing then, on and after transition day the12 act, matter or thing is taken to have been done by the13 person under or for the purposes of the provision of the14 GTE Act.15 94. Board of directors16 (1) A person holding office as a member of the Board of17 directors of Gold Corporation (the existing18 appointment) immediately before transition day19 becomes a member of Gold Corporation’s board under20 the GTE Act on transition day.21 (2) Despite the GTE Act section 17, the person holds22 office as a member of Gold Corporation’s board —23 (a) on the terms and conditions of their existing24 appointment; and25 (b) for the remainder of the term of their existing26 appointment.27 (3) Subsection (2) does not prevent —28 (a) the person from resigning from or being29 removed from office, or their office becoming30 vacant, under the GTE Act section 21; or31

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 43 page 35 (b) the remuneration of the person being1 determined in accordance with the GTE Act2 sections 18 and 19.3 (4) Despite subsection (1), an officer of the Treasury4 authorised under repealed section 5(5) and holding5 office as a member of the Board of directors of Gold6 Corporation immediately before transition day ceases7 to hold that office at the start of transition day.8 (5) No compensation is payable because of subsection (4).9 (6) The authorisation of an officer of the Treasury to10 perform a function as a delegate under repealed11 section 5(5) ends at the start of transition day.12 95. Chief executive officer of Gold Corporation13 (1) A person holding the office of chief executive officer14 of Gold Corporation under repealed section 715 immediately before transition day (the existing16 appointment) continues as Gold Corporation’s chief17 executive officer from transition day.18 (2) Despite the GTE Act section 37, the person holds19 office as Gold Corporation’s chief executive officer —20 (a) on the terms and conditions of their existing21 appointment; and22 (b) for the remainder of the term of their existing23 appointment.24 (3) Subsection (2) does not prevent —25 (a) the person from resigning from office under the26 GTE Act section 40(1); or27 (b) the person being removed from office under28 their terms and conditions of appointment; or29 (c) the remuneration of the person being dealt with30 in accordance with the GTE Act section 39.31

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 43 page 36 96. Deputy chief executive officer of Gold Corporation1 (1) A person holding the office of deputy chief executive2 officer of Gold Corporation under repealed section 73 immediately before transition day (the existing4 appointment) continues as Gold Corporation’s deputy5 chief executive officer from transition day.6 (2) The person holds office as Gold Corporation’s deputy7 chief executive officer —8 (a) on the terms and conditions of their existing9 appointment; and10 (b) for the remainder of the term of their existing11 appointment.12 (3) Subsection (2) does not prevent —13 (a) the person resigning from office under the GTE14 Act section 40(1); or15 (b) the person being removed from office under16 their terms and conditions of appointment.17 (4) The remuneration of the person may be dealt with in18 accordance with the GTE Act section 39.19 (5) For the purposes of subsection (3)(a) and (4), the GTE20 Act sections 39 and 40 apply to the person as if a21 reference in those sections to chief executive officer22 were a reference to deputy chief executive officer.23 (6) If the chief executive officer is prevented by illness or24 absence from performing their duties or there is a25 vacancy in the office of chief executive officer, the26 deputy chief executive officer must perform those27 duties and may exercise the powers of the chief28 executive officer.29

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 43 page 37 97. Indemnities, exemptions and insurance for certain1 liabilities of directors and others2 (1) This section applies to any of the following agreements3 and contracts, if it was in effect immediately before4 transition day and it would be partly or wholly void5 under the GTE Act section 68 but for this section —6 (a) an agreement to exempt a person from or7 indemnify a person against a liability;8 (b) an agreement to pay a premium for a contract9 of insurance against a liability;10 (c) a contract of insurance against a liability.11 (2) Despite the GTE Act sections 66, 67 and 68, the12 agreement or contract is not void to the extent that the13 agreement or contract was not prohibited by this Act as14 in force before transition day.15 98. Statement of expectations16 (1) For the purposes of the GTE Act Part 6 Division 2 and17 despite the GTE Act section 69(2), the first statement18 period for Gold Corporation begins on transition day.19 (2) Gold Corporation’s strategic development plan in20 effect under this Act immediately before transition day21 has effect, to the extent practicable, as Gold22 Corporation’s statement of expectations for the first23 statement period until the day on which a statement of24 expectations is adopted for the first statement period25 under the GTE Act section 72.26 99. Annual performance statement27 The GTE Act Part 6 Division 3 does not apply in28 relation to Gold Corporation until the end of the budget29 year in which transition day falls.30

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 43 page 38 100. Dividends1 Despite the repeal of section 21, a dividend that2 became payable under that section and remains unpaid3 on transition day continues to be payable as if it had4 become payable under the GTE Act section 140.5 101. Local government rates6 (1) Despite the repeal of section 4(7) and (8), a sum or7 amount that became payable by Gold Corporation8 under repealed section 4(7) and (8) and remains unpaid9 on transition day continues to be payable as if it had10 become payable by Gold Corporation under the GTE11 Act section 151.12 (2) Despite the repeal of section 35, a sum or amount that13 became payable by the Mint under repealed14 section 35(7a) and remains unpaid on transition day15 continues to be payable under the repealed section.16 (3) Despite the repeal of section 48, a sum or amount that17 became payable by GoldCorp under repealed18 section 48(7) and remains unpaid on transition day19 continues to be payable under the repealed section.20 102. Capital of Gold Corporation21 On transition day all shares of Gold Corporation issued22 under repealed section 15 or 16 are cancelled and all23 rights attached to the shares are extinguished.24 103. Existing subsidiaries of Gold Corporation25 The GTE Act Part 7 Division 6 does not apply to a26 subsidiary of Gold Corporation in existence27 immediately before transition day.28

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 43 page 39 104. Winding up Mint1 (1) On the day this section comes into operation —2 (a) the Mint is abolished; and3 (b) any arrangement under section 69 for the use of4 the services or facilities by the Mint ends.5 (2) No compensation is payable because of subsection (1).6 (3) Subsection (4) applies if —7 (a) money payable to the Mint remains unpaid after8 it is abolished; or9 (b) money becomes payable to the Mint after it is10 abolished.11 (4) The money is payable to Gold Corporation and may be12 recovered by Gold Corporation as a debt in a court of13 competent jurisdiction.14 105. Winding up GoldCorp15 (1) On the day this section comes into operation —16 (a) GoldCorp is abolished; and17 (b) any arrangement under section 69 for the use of18 the services or facilities by GoldCorp ends.19 (2) No compensation is payable because of subsection (1).20 (3) Subsection (4) applies if —21 (a) money payable to GoldCorp remains unpaid22 after it is abolished; or23 (b) money becomes payable to GoldCorp after it is24 abolished.25 (4) The money is payable to Gold Corporation and may be26 recovered by Gold Corporation as a debt in a court of27 competent jurisdiction.28 29

Gold Corporation Amendment Bill 2025 Part 2 Gold Corporation Act 1987 amended s. 44 page 40 44. Schedules 1 and 2 deleted1 Delete Schedules 1 and 2.2 45. Various references to “Board” amended3 In the provisions listed in the Table delete “Board” (each4 occurrence) and insert:5 6 board7 8 Table9 s. 10(3) s. 23(1) s. 38 s. 43(2) s. 46(1) s. 68(1), (3) and (5) s. 69(1) s. 75(1), (2), (5), (6) and (7) 46. Various references to “shall” amended10 Amend the provisions listed in the Table as set out in the Table.11 Table12 Provision Delete Insert s. 4(5) shall be shall pay is must pay

Gold Corporation Amendment Bill 2025 Gold Corporation Act 1987 amended Part 2 s. 46 page 41 Provision Delete Insert s. 22(4) and (5) s. 46(2) s. 47(3) and (6) s. 69(2) s. 75(1) and (6) shall (each occurrence) must s. 47(5) shall be read shall be taken (each occurrence) must be read is taken s. 55(2) shall be paid shall be taken must be paid are to be taken s. 67(1)(b) shall be taken is taken s. 67(1)(c) shall not be is not s. 75(5) shall cause shall not be must cause is not to be

Gold Corporation Amendment Bill 2025 Part 3 Repeal s. 47 page 42 Part 3 — Repeal1 47. Gold Corporation (Policy Instruments) Regulations 20092 repealed3 The Gold Corporation (Policy Instruments) Regulations 20094 are repealed.5

Gold Corporation Amendment Bill 2025 Freedom of Information Act 1992 amended Part 4 s. 48 page 43 Part 4 — Freedom of Information Act 1992 amended1 48. Act amended2 This Part amends the Freedom of Information Act 1992.3 49. Schedule 1 clause 15 amended4 In Schedule 1 clause 15(2) in the definition of Gold5 Corporation delete “subsidiary of Gold Corporation within the6 meaning of that Act.” and insert:7 8 subsidiary (as defined in the Government Trading Enterprises9 Act 2023 section 4(1)) of Gold Corporation.10 11

Gold Corporation Amendment Bill 2025 Part 5 Government Trading Enterprises Act 2023 amended s. 50 page 44 Part 5 — Government Trading Enterprises Act 20231 amended2 50. Act amended3 This Part amends the Government Trading Enterprises4 Act 2023.5 51. Section 3 amended6 In section 3(1) in the definition of GTE after paragraph (a)7 insert:8 9 (aaa) the Gold Corporation Act 1987 section 4;10 11

Gold Corporation Amendment Bill 2025 Procurement Act 2020 amended Part 6 s. 52 page 45 Part 6 — Procurement Act 2020 amended1 52. Act amended2 This Part amends the Procurement Act 2020.3 53. Section 5 amended4 After section 5(2)(a)(i) insert:5 6 (ia) the Gold Corporation Act 1987 section 4;7 8

Gold Corporation Amendment Bill 2025 Part 7 Public Sector Management Act 1994 amended s. 54 page 46 Part 7 — Public Sector Management Act 1994 amended1 54. Act amended2 This Part amends the Public Sector Management Act 1994.3 55. Schedule 1 amended4 Delete Schedule 1 item 11 and insert:5 6 11 Gold Corporation established under the Gold Corporation Act 1987 7

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Gold Corporation Amendment Bill 2025 Salaries and Allowances Act 1975 amended Part 8 s. 56 page 47 Part 8 — Salaries and Allowances Act 1975 amended1 56. Act amended2 This Part amends the Salaries and Allowances Act 1975.3 57. Section 12AA inserted4 At the end of Part 1B insert:5 6 12AA. Transitional provisions for Gold Corporation7 Amendment Act 20258 (1) This section applies to the person who continues as the9 deputy chief executive officer of Gold Corporation10 under the Gold Corporation Act 1987 section 96.11 (2) While the person holds office as the deputy chief12 executive officer under the Gold Corporation Act 198713 section 96, the person is taken to be an executive14 officer to which section 7C of this Act applies.15 16 58. Schedule 2 amended17 In Schedule 2 delete the items for:18 Gold Corporation19 GoldCorp20 The Mint21

Gold Corporation Amendment Bill 2025 Part 9 Western Australian Jobs Act 2017 amended s. 59 page 48 Part 9 — Western Australian Jobs Act 2017 amended1 59. Act amended2 This Part amends the Western Australian Jobs Act 2017.3 60. Section 3 amended4 In section 3(1) delete the definition of government trading5 entity and insert:6 7 government trading entity means —8 (a) a GTE as defined in the Government Trading9 Enterprises Act 2023 section 3; or10 (b) a subsidiary of a body referred to in11 paragraph (a);12 13

Source text: opening excerpt

Sourced from the Western Australian Legislation website (legislation.wa.gov.au). Not the authorised version.