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Wool Services Privatisation Act 2000
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Administered by
Department of Agriculture, Fisheries and Forestry
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C2025C00024 (C09)
01 January 2025
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Part 1—Preliminary
1 Short title
2 Commencement
3 Schedule(s)
4 Crown to be bound
5 External Territories
6 Extraterritorial operation
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Part 2—Privatisation of the Organisation (HoldCo)
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Division 1—Interpretation
7 Definitions
Division 2—Application for registration under the Corporations Law
8 Application for registration
Division 3—Transfer of assets etc. before the conversion time
9 Declaration can only be made before conversion time
10 Transfer of assets
11 Transfer of contractual rights and obligations
12 Transfer of liabilities
13 Registration of land transfers
14 Certificates in relation to assets other than land
15 Other transfer methods still available
Division 4—Registration of HoldCo as a Corporations Law company
16 Registration as a company under the Corporations Law
17 Share capital
18 Operation of the Corporations Act after conversion time
19 Accounting records
Division 5—Shares in HoldCo
20 List of Eligible Woolgrowers
21 Issue of shares to eligible woolgrowers
22 Incorrectly issued shares
23 Cancellation of shares in HoldCo
Division 6—Taxation
24 Exemption from stamp duty etc.
25 Share capital
26 No assessable income from issue of HoldCo shares
27 No assessable income to arise from transfers between restructuring bodies
28 Certified demerger matters not to result in CGT event or assessable income
29 CGT cost base for share acquisitions
Division 8—Miscellaneous
33 HoldCo not to be a Commonwealth authority etc.
34 Operation of Archives Act
35 Compensation for acquisition of property
36 Certification by Minister that matters relate to restructuring
37 Certificates, declarations etc. taken to be authentic etc.
38 Delegations
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39 Regulations
Schedule 1—Transitional and savings
Part 2—Transitional and savings
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Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history