📜 Public Education Endowment Repeal Bill 2025

Legislative Council Second ReadingLABill 18 April 2025

This Bill repeals the Public Education Endowment Act 1909, abolishing the Trustees of Public Education Endowment. It transfers the trustees' money to the Consolidated Account and vests their land (Knutsford land) in the State of Western Australia. The Bill also makes consequential amendments to other Acts.

Impact

The abolition of the Trustees of Public Education Endowment means their assets and liabilities are transferred to the State. This affects the administration of public education funding, centralising it within the Department of Education and the State's financial accounts. Land previously held by the trustees will now be directly owned by the State.

Key Changes

["Repeals the Public Education Endowment Act 1909.", "Abolishes the body corporate known as the Trustees of Public Education Endowment.", "Transfers all money held by the trustees to the Consolidated Account.", "Vests the 'Knutsford land' (land previously held by the trustees) in the State of Western Australia.", "Amends the Financial Management Act 2006 to remove the Trustees of the Public Education Endowment from the list of statutory authorities.", "Amends the Housing Act 1980 to remove references to the Trustees of the Public Education Endowment."]