sec.8Dealing in units exempt in certain cases from requirement for consent or approval

sec.8 Dealing in units exempt in certain cases from requirement for consent or approval

Where by reason of the trustee holding (whether directly or in the name of custodians or nominees) property of a particular description or an authority relating to property of a particular description the consent or approval of a Minister, statutory body, local government or other person would but for this section be required in respect of the acquisition, transfer or other dealing (including dealing for the purposes of any arrangement under the reconstruction provisions) affecting a unit by the provisions of any Act (other than this Act) or instrument made, issued or granted under an Act then notwithstanding those provisions that consent or approval shall not be required in respect of such an acquisition, transfer or other dealing. s 8 amd 1988 No. 38 s 6