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Government Owned Corporations Act 1993
sec.103Statement of corporate intent to apply to subsidiaries
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### sec.103 Statement of corporate intent to apply to subsidiaries
If a GOC has subsidiaries, the GOC’s statement of corporate intent must apply to the GOC and its subsidiaries.
Division 2 applies to the GOC as if a reference to the GOC included a reference to its subsidiaries.
(sec.103-ssec.1) If a GOC has subsidiaries, the GOC’s statement of corporate intent must apply to the GOC and its subsidiaries.
(sec.103-ssec.2) Division 2 applies to the GOC as if a reference to the GOC included a reference to its subsidiaries.