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Home/Legislation/Freight Rail Corporation (Sale) Act 2001/18

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Freight Rail Corporation (Sale) Act 2001

18Shareholding in sale company

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#### 18 Shareholding in sale company 18 Shareholding in sale company > Until the shares in the sale company are transferred to FreightCorp’s purchaser under this Part: > > > (a) the shareholders in the sale company hold their shares for and on behalf of the State, and > > > (b) the Treasurer may act for or on behalf of the shareholders in connection with their rights, privileges, benefits, duties, liabilities and obligations as holders of shares in the sale company.

Previous section17Steps to be taken prior to conversion Next section19Continuity of FreightCorp and construction of references to FreightCorp

Section 18 - Freight Rail Corporation (Sale) Act 2001 - Shareholding in sale company — Zoe