NSWIn ForceAct
Freight Rail Corporation (Sale) Act 2001
16Treasurer may direct conversion
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#### 16 Treasurer may direct conversion
16 Treasurer may direct conversion
> > (1) The Treasurer may direct FreightCorp to convert to a company limited by shares for the purposes of the sale of the business undertaking of FreightCorp under this Part.
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> > (2) The company to which FreightCorp is converted is referred to in this Part as the sale company.
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> > (3) A reference in this Part to the conversion is a reference to the registration of FreightCorp pursuant to this Part as a company limited by shares under the [Corporations Law](/view/html/inforce/current/sl-1999-0703).