Schedule 1 Amendments

(Clause 2)

[1]   Clause 7 Construction of references to Treasurer in relation to Rail SOCs

Omit the clause.

[2]   Clause 7A

Insert after clause 7:

  

7A   Consequential provision

On the commencement of the Public Sector Employment and Management (Ministers) Further Amendment Order 2007:

(a)  each share in a Rail SOC held (or taken to be held) by the Premier immediately before that commencement is taken to be transferred to the Treasurer, and

(b)  the Rail SOC concerned is required to register the transfer.