Public Sector Employment and Management (Treasurer) Order 2005
Gazette No 115 of 14.9.2005, p 7429 (Repealed by Gazette No 25 of 17.2.2006, p 903)
This Order is the Public Sector Employment and Management (Treasurer) Order 2005.
In this Order:statutory SOC has the same meaning as in the State Owned Corporations Act 1989, but does not include any of the following statutory SOCs:
(a) Rail Corporation New South Wales,(b) Rail Infrastructure Corporation,(c) Transport Infrastructure Development Corporation.
3 Construction of references to Treasurer in relation to certain statutory SOCs
(1) A reference:(a) in paragraph (b) of the definition of eligible Ministers in section 3 (1) of the State Owned Corporations Act 1989, or(b) in section 20H of that Act,to the Treasurer is to be construed as a reference to the Minister for Finance if the reference is used in relation to a statutory SOC.(2) A reference in any other instrument (including the constitution of a statutory SOC), or in any contract or agreement, to the Treasurer is to be construed as a reference to the Minister for Finance if the reference is used in relation to the Treasurer’s functions as a voting shareholder of a statutory SOC.
On the commencement of this Order:(a) each share in a statutory SOC held by the Treasurer immediately before that commencement is taken to be transferred to the Minister for Finance, and(b) the statutory SOC concerned is required to register the transfer.