5Options for method of sale

#### 5 Options for method of sale 5 Options for method of sale > > (1) The business undertaking of FreightCorp may be sold to a purchaser in accordance with this Act in any of the following ways, as determined by the Treasurer: > > > > > (a) by sale of that business undertaking to the purchaser in accordance with Part 3, > > > > > (b) by conversion of FreightCorp to a company and sale of that company by transfer of the shares in the company to the purchaser, as provided by Part 4, > > > > > (c) by transfer of the business undertaking to a company and sale of that company by transfer of the shares in the company to the purchaser, as provided by Part 5. > > > (2) FreightCorp’s purchaser can only be: > > > > > (a) National Rail Corporation Limited, or > > > > > (b) a purchaser of the shares in National Rail Corporation Limited, or > > > > > (c) a related body corporate (within the meaning of the [Corporations Law](/view/html/inforce/current/sl-1999-0703)) of a purchaser of the shares in National Rail Corporation Limited. > > > (3) A reference in this Act to the sale of FreightCorp is a reference to the sale of the business undertaking of FreightCorp in accordance with this Act.