NSWIn ForceAct
Freight Rail Corporation (Sale) Act 2001
32Treasurer may form or acquire company
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#### 32 Treasurer may form or acquire company
32 Treasurer may form or acquire company
> > (1) For the purpose of the sale of FreightCorp, the Treasurer may, on behalf of the State:
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> > > (a) form a company limited by shares, so that all the issued shares in the company are held by the State, or
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> > > (b) acquire shares in a company limited by shares, so that all the issued shares in the company are held by the State.
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> > (2) The company is referred to in this Part as the sale company.