Queen Victoria Medical Centre (Guarantees) Act 1982
1Queen Victoria Medical Centre (Guarantees) Act 1982
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Victorian Legislation and Parliamentary Documentsi Version No. 001 Queen Victoria Medical Centre (Guarantees) Act 1982 Act No. 9836/1982 Version as at 26 February 2003 TABLE OF PROVISIONS Section Page
- Short title and commencement 1
- Definitions 1
- Power to Treasurer to give guarantees 2
- Standing appropriation 3
- Evidentiary provision 3
- Notice of guarantees to be published 3 ═══════════════ ENDNOTES 5
- General Information 5
- Table of Amendments 6
- Explanatory Details 7
Victorian Legislation and Parliamentary Documents1 Version No. 001 Queen Victoria Medical Centre (Guarantees) Act 1982 Act No. 9836/1982 Version as at 26 February 2003 An Act to authorize the Treasurer of Victoria to give certain Guarantees for and in connexion with the construction of a Medical Centre at Clayton to be known as the Queen Victoria Medical Centre. BE IT ENACTED by the Queen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and the Legislative Assembly of Victoria in this present Parliament assembled and by the authority of the same as follows (that is to say):
- Short title and commencement (1) This Act may be cited as the Queen Victoria Medical Centre (Guarantees) Act 1982. (2) This Act shall come into operation on the day on which it receives the Royal Assent.
- Definitions In this Act unless inconsistent with the context or subject-matter— "Centre" means the Medical Centre to be constructed in Clayton on the land more particularly described in certificate of title volume 9181 folio 129 and which is to be named the Queen Victoria Medical Centre; "construction" includes planning, erection and outfitting;
Victorian Legislation and Parliamentary DocumentsAct No. 9836/1982 Queen Victoria Medical Centre (Guarantees) Act 1982 2 "Development Authority" in relation to the Centre means any person or body corporate or unincorporate which is for the time being responsible for arranging the construction and financing of the Centre. 3. Power to Treasurer to give guarantees (1) The Treasurer may with the approval of the Governor in Council alone or jointly with any other persons or body execute in favour of any person or body corporate or unincorporate a guarantee guaranteeing the repayment or satisfaction of any advances or financial accommodation to be made or given by that person to the Development Authority. (2) The Treasurer may with the approval of the Governor in Council execute a guarantee in favour of any person guaranteeing the due performance of any obligation of the Development Authority under any contract to be entered into by the Development Authority with that person which is for or relates to the construction of the Centre. (3) The guarantee by the Treasurer pursuant to sub- section (1) or (2)— (a) shall be in such form and subject to such terms and conditions as he thinks fit; (b) may extend to any interest charges and expenses chargeable by the person making or giving the advances or financial accommodation or contracting with the Development Authority and the expenses of enforcing or obtaining or endeavouring to enforce or obtain repayment or satisfaction of the advances or financial accommodation guaranteed and such interest charges and expenses. s. 3