TASIn ForceAct
Government Business Enterprises (Sale) Act 2003
31Sale of company
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31 Sale of company
(1) The Treasurer may sell, on any conditions he or she considers appropriate, all the shares he or she holds in a company.
(2) In exercising the power under this section to sell shares in a company, the Treasurer is to have regard to –
(a) the achievement of a fair and reasonable price; and
(b) the preservation of accrued entitlements of employees of the company.