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This is a Bill, not an Act. For current law, see the Acts databases.


PERTH THEATRE TRUST AMENDMENT BILL 2014

                  Western Australia


Perth Theatre Trust Amendment Bill 2014

                      Contents

1.    Short title                         2
2.    Commencement                        2
3.    Act amended                         2
4.    Section 16 amended                  2
5.    Section 23 amended                  4




                       80--1           page i
                           Western Australia


                     LEGISLATIVE ASSEMBLY


    Perth Theatre Trust Amendment Bill 2014

                               A Bill for


An Act to amend the Perth Theatre Trust Act 1979.



The Parliament of Western Australia enacts as follows:




                                                         page 1
     Perth Theatre Trust Amendment Bill 2014



     s. 1




1    1.          Short title
2                This is the Perth Theatre Trust Amendment Act 2014.

3    2.          Commencement
4                This Act comes into operation as follows --
5                 (a) sections 1 and 2 -- on the day on which this Act
6                       receives the Royal Assent;
7                 (b) the rest of the Act -- on a day fixed by proclamation,
8                       and different days may be fixed for different provisions.

9    3.          Act amended
10               This Act amends the Perth Theatre Trust Act 1979.

11   4.          Section 16 amended
12        (1)    Before section 16(1) insert:
13

14              (1A)   In this section --
15                     activity includes an event, performance or production;
16                     business arrangement means a company, a
17                     partnership, a trust, a joint venture, an arrangement or
18                     agreement for sharing profits or an arrangement or
19                     agreement for sponsorship;
20                     participate in a business arrangement includes form,
21                     promote, establish, enter into, manage, dissolve,
22                     wind-up and do anything incidental to the business
23                     arrangement;
24                     promoting, in relation to an activity, includes
25                     attracting, organising, commissioning, funding,
26                     investing in, supporting, marketing, advertising and
27                     acting as project manager.
28




     page 2
                                    Perth Theatre Trust Amendment Bill 2014



                                                                              s. 4



1    (2)   After section 16(1)(a) insert:
2

3                (ba)    without limiting the generality of paragraph (a),
4                        promoting, or taking part in promoting,
5                        activities at Trust theatres; and
6

7    (3)   After section 16(2)(c) insert:
8

9                (da)    subject to subsection (3), participate in a
10                       business arrangement and acquire, hold and
11                       dispose of shares, units or other interests in, or
12                       relating to a business arrangement;
13               (db)    cooperate with, and provide funds and other
14                       assistance to other bodies and to individuals;
15

16   (4)   After section 16(2) insert:
17

18         (3)   The Trust must not exercise a power conferred by
19               subsection (2)(da) in relation to a business arrangement
20               unless the terms and conditions of that business
21               arrangement are terms and conditions approved by the
22               Minister and the Treasurer in respect of --
23                 (a) that business arrangement; or
24                 (b) business arrangements of that class; or
25                 (c) business arrangements generally.
26         (4)   The Treasurer may, by written notice given to the
27               Trust, exempt any business arrangement or class of
28               business arrangement from the operation of
29               subsection (3) either unconditionally or on specified
30               conditions.




                                                                         page 3
     Perth Theatre Trust Amendment Bill 2014



     s. 5



1              (5)   A notice under subsection (4) may be revoked or
2                    amended by the Treasurer by written notice given to
3                    the Trust.
4


5    5.        Section 23 amended
6              After section 23(5) insert:
7

8             (6A)   Subsections (4) and (5) do not affect the operation of
9                    section 16.
10


11




 


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