Victorian Plantations Corporation Act 1993

The Corporation must give to the Treasurer, within the period directed by the Treasurer, a statement or statements approved by the Treasurer relating to the property, rights and liabilities of the Corporation as at a date specified by the Treasurer for the purposes of the relevant statement.

A statement under this section—

must allocate the property, rights and liabilities of the Corporation shown in the statement to, or between, the person or persons nominated in writing by the Treasurer;

must be signed by the chief executive officer.

If a statement under this section is approved by the Treasurer—

the Treasurer must sign the statement; and

the statement is an allocation statement for the purposes of this Part.

The Treasurer may at any time direct the Corporation to amend a statement given to him or her under this section as specified in the direction.

An allocation statement under this section may be amended by writing signed by the Treasurer.

A direction under subsection (4) or an amendment under subsection (5) that would affect a person or persons nominated by the Treasurer under subsection (2) must not be given or made unless that person or those persons are, or are wholly owned by, the State or a statutory authority or have consented in writing to the direction or amendment.

In this section, statement and allocation statement include a statement or allocation statement amended in accordance with this section.