State-Owned Enterprises Amendment Act 1992

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1 Short Title and commencement
  • (1) This Act may be cited as the State-Owned Enterprises Amendment Act 1992, and shall be read together with and deemed part of the State-Owned Enterprises Act 1986 (hereinafter referred to as the principal Act).

    (2) Except as provided in subsection (3) of this section, this Act shall come into force on the day on which it receives the Royal assent.

    (3) Sections 15 to 18 of this Act shall come into force on a day to be appointed by the Governor-General by Order in Council, and one or more Orders in Council may be made bringing different provisions into force on different days.

    (4) A day may be appointed pursuant to subsection (3) of this section for bringing section 17 or section 18 of this Act into force only if the Governor-General is satisfied, at the time of the making of the Order in Council, that at least 50 percent of the ordinary shares in the capital of MCS Limited are no longer held by Ministers of the Crown on behalf of the Crown.

    (5) [Repealed]

    Section 1(3): section 16 brought into force, on 1 July 2010, by clause 2 of the State-Owned Enterprises Amendment Act 1992 (MCS Limited) Commencement Order 2010 (SR 2010/91).

    Subsection (3) was amended, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35) by substituting the expression to 18 for the expression to 19.

    Subsection (5) was repealed, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35).