© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the official source for authoritative text.
Commonwealth act
This Act manages the privatisation (sale to private owners) of the Snowy Mountains Engineering Corporation Limited (SMEC) — a government-owned engineering company that was built on the legacy of the famous Snowy Mountains Hydro-electric Scheme. The Act sets the legal rules for transferring SMEC from Commonwealth (federal government) ownership to private hands.
Most importantly: SMEC employees (past and present). The bulk of this law is about protecting the rights of workers who were employed by SMEC while it was a government body. Specifically:
Want the full deep dive?
Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.
Direct links to the current provisions in Snowy Mountains Engineering Corporation Limited Sale Act 1993.
Zoe has indexed the source text for search and analysis. Use the official register for the original document and download formats.
View on official registerSourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This is a carefully crafted law that allows the Commonwealth to sell SMEC cleanly, while making sure that workers don't lose entitlements they earned while SMEC was a public body, that the new private owners don't get a windfall from old tax losses, and that the sale transaction itself is tax-exempt.