QLDIn ForceAct
Government Owned Corporations Act 1993
sch.4-sec.78Shareholders of a prescribed GOC subsidiary
Start here
Get a plain-English read of sch.4-sec.78
Turn the raw legal text into a practical explanation grounded in Government Owned Corporations Act 1993.
### sch.4-sec.78 Shareholders of a prescribed GOC subsidiary
A prescribed GOC subsidiary may have any number of shareholders.
Each shareholder must be a GOC.
Each GOC that is a shareholder of the subsidiary is its shareholding GOC .
sch 4 pt 2 ch 3 pt 3 s 78 ins 1998 No. 21 s 3 sch 1
sub 2007 No. 10 s 61 (4)
amd 2007 No. 10 s 62 sch ; 2009 No. 9 s 113
(sch.4-sec.78-ssec.1) A prescribed GOC subsidiary may have any number of shareholders.
(sch.4-sec.78-ssec.2) Each shareholder must be a GOC.
(sch.4-sec.78-ssec.3) Each GOC that is a shareholder of the subsidiary is its shareholding GOC .