- Act 46 of 2009 - Royal Assent 27 October 2009 TABLE OF PROVISIONS Long Title PART 1 - Preliminary 1. Short title 2. Commencement 3. Purposes of Act 4. Interpretation PART 2 - Company Division 1 - Formation and status of Company 5. Formation of Company 6. Principal objectives of Company 7. Constitution of Company 8. Members of Company 9. Shares 10. Consideration for further shares 11. Status of Company Division 2 - Financial affairs of Company and subsidiary 12. Audit 13. Borrowing 14. Guarantee or indemnity 15. Guarantee fees 16. Tax equivalents 17. Superannuation contributions 18. Effect of Financial Agreement Act 1994 Division 3 - Duties of members, Board and Company 19. Directors of Company 20. Members' statement of expectations 21. Corporate plan of Company 22. Accounts and report of Company Division 4 - Non-commercial activities 23. Non-commercial activities PART 3 - Acquisition and Operation of Rail Businesses in Tasmania 24. Company to act as Crown nominee under Business Sale Agreement 25. Company may operate rail business on Emu Bay Railway 26. Exemptions relating to operation of rail business, &c. PART 4 - Transfer of Rail Infrastructure and Related Assets, &c., and Employees to or from Company 27. Transfer of rail infrastructure and related assets, &c., to or from Company 28. Transitional provisions on transfer of rail infrastructure and related assets, &c. 29. Removing doubt relating to transfer 30. Transfer of employees 31. Superannuation for certain employees 32. Long service leave for certain employees PART 5 - Sale of Company and Subsidiary 33. Sale of Company 34. Direction to facilitate sale 35. Superannuation for certain employees 36. Long service leave for certain employees 37. Proceeds of sale of Company PART 6 - Miscellaneous 38. Protection for acts done under this Act 39. Displacement of Corporations legislation 40. Non-application of certain Acts 41. Delegation by Minister 42. Regulations 43. Administration of Act 44. Repeals 45. Consequential amendments SCHEDULE 1[ Note: This table has been automatically generated and may be incomplete. ]