2018-06-27 Special Meeting Agenda

SPECIAL MEETING AGENDA   27 JUNE 2018




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SPECIAL MEETING AGENDA                                                                  27 JUNE 2018

               parties agree to jointly negotiate with the State as to the quantum of any
              financial contribution.
      5.      GST
       5.1    Words defined in the GST Law have the same meaning in this clause 5.
       5.2    If a party is required under this Deed to reimburse or pay to another party an
              amount calculated by reference to a cost, expense, or an amount paid or
              incurred by that party, the amount of the reimbursement or payment will be
              reduced by the amount of any input tax credits to which that party (or an entity
              on whose behalf the party is acting) is entitled in respect of any acquisition
              relating to that cost, expense or other amount.
       5.3     If GST is payable by an entity (Supplier) in relation to any supply that it makes
               under or in connection with this deed, the parties agree that:
              (a)     any  consideration   (including  «the value   of  any   non-monetary
                      consideration) provided for that supply under or in connection with this
                      Deed other than under this;clause 5.3 (Agreed Amount) is exclusive of
                      GST;
              (b)     an  additional  amount   will be  payable   by  the   party providing
                      consideration for that supply (Receiver) equal to the amount of GST
                      payable by the Supplier on that supply;
              (c)     the additional amount is payable at the same time as any part of the
                      Agreed Amount is to be first provided for that supply and the Supplier
                      will provide a tax invoice tothe Receiver in respect of that supply, no
                      later than that time; and
              (d)     to the extent, if any, that any consideration (or part thereof) is specified
                      in this Deed to be inclusive.of GST, that consideration (or the relevant
                      part) will-be excluded from the Agreed Amount for the purposes of
                      calculating the additional amount under clause 5.3(b).
       6.     GENERAL PROVISIONS
       6.1    Governing law
              (a)     This  Deed   is governed    by the   laws  of Queensland     and  the
                      Commonwealth of Australia which are in force in Queensland.
              (b)     The parties submit to the jurisdiction of the Courts of Queensland,
                      relevant Federal Courts and Courts competent to hear appeals from
                      them.
       6.2    Binding on successors
       This Deed shall be for the benefit of and binding upon the parties and their heirs,
       executors, Successors and permitted assigns.
       6.3    Assignment
       Neither party may transfer, assign or otherwise dispose of their interest in this Deed
       without the prior written consent of the other party, which consent must not be
       unreasonably withheld.

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