3
CurrentDissolution of Port Corporations
Schedule 5Savings, transitional and other provisions
Part 2Provisions consequent on enactment of this Act
3 Dissolution of Port Corporations
(1)
The Governor may, by proclamation, dissolve the Port Kembla Port Corporation, the Newcastle Port Corporation or the Sydney Ports Corporation.
(2)
On the day on which a proclamation under this clause takes effect—
(a)
the Port Corporation concerned is dissolved, and
(b)
the State Owned Corporations Act 1989 is amended by omitting the name of that Port Corporation from Schedule 5.
This Act’s bill:Explanatory memorandumSecond reading speech
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