CTHRepealedAct
Australian Bicentennial Authority Act 1980
13Authority may form, and invest in, companies for certain purposes
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##### 13 Authority may form, and invest in, companies for certain purposes
(1) The Authority may, with the approval of the Minister but not otherwise, form, or participate with another person in the formation of, a company for the purpose of promoting any of the objects of the Authority.
(2) The Authority may, with the approval of the Minister but not otherwise:
(a) subscribe for, or otherwise acquire, shares in, or debentures or other securities of, a company; or
(b) advance moneys, whether by way of loan or otherwise, to a company;
being a company that is, for the purposes of the Companies Act 1981, a subsidiary of the Authority.