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This is a Bill, not an Act. For current law, see the Acts databases.
South Australia
Santos Limited (Deed of Undertaking)
Bill 2007
A BILL FOR
An Act to give effect to a Deed of Undertaking made by Santos Limited in
favour of the Premier for and on behalf of the Crown in the right of the State
of South Australia; to repeal the Santos Limited (Regulation of
Shareholdings) Act 1989; and for other purposes.
Contents
1 Short
title
2 Commencement
3 Interpretation
4 Ratification and effect of
Deed
5 Effect of Act
6 Evidence
7 Repeal
The Parliament of South Australia enacts as
follows:
This Act may be cited as the Santos Limited (Deed of Undertaking)
Act 2007.
(1) Subject to subsection (2), this Act will come into operation on
the day on which it is assented to by the Governor.
(2) Section 7 will take effect 12 months from the date on which this Act
receives assent.
(1) In this Act, unless the contrary intention appears—
the Deed means the Deed of Undertaking made by Santos Limited
(ACN 007 550 923) in favour of the Premier for and on behalf of
the Crown in right of the State of South Australia, as tabled by or on behalf of
the Premier in the House of Assembly on 25 October 2007.
(2) A reference to the Deed includes (if relevant) a reference to the Deed
as modified in accordance with clause 12 of the Deed.
4—Ratification and
effect of Deed
(1) The Deed is ratified and approved by the Parliament.
(2) The Deed will have full force and effect and will by binding and
enforceable by virtue of the enactment of this Act (and without any other legal
requirement or step in order to create a valid and binding instrument and
despite the operation or effect of any other law).
(3) In connection with the operation of subsection (2), the Premier
may enforce the Deed for and on behalf of the Crown in right of the State of
South Australia.
The enactment of this Act will not (and cannot) be taken to be a
restriction constituting a circumstance within the ambit of
clause 3.2(a)(2) of the Deed.
(1) A certificate of the Premier certifying that a document is an accurate
copy of the Deed, as tabled in Parliament (and, if relevant, the Deed as
modified), is admissible in evidence in any proceedings and is
evidence—
(a) of the tabling of the Deed; and
(b) of any matter so certified.
(2) Subsection (1) does not affect any other way in which the tabling
or content of the Deed, or the accuracy of a copy of the Deed, may be
established.
The Santos Limited (Regulation of Shareholdings) Act 1989 is
repealed.