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Financial Sector (Transfer and Restructure) Act 1999
29Minister’s power to decide that his or her consent is not required
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#### 29 Minister’s power to decide that his or her consent is not required
(1) The Minister’s consent to a transfer of business (see paragraph 25(2)(g)) or a transfer of shares (see paragraph 25AA(3)(c)) is not required if the Minister has, in writing, determined that his or her consent is not required in relation to:
(a) the transfer; or
(b) a class of transfers that includes the transfer.
(2) A determination made under paragraph (1)(a) is not a legislative instrument.
(3) A determination made under paragraph (1)(b) is a legislative instrument.