### sec.142 GOCs and subsidiaries retiring as trustees This section applies if a GOC or a GOC subsidiary is the trustee of a trust. The GOC may retire from its trusteeship only with the prior written approval of the GOC’s shareholding Ministers. The GOC subsidiary may retire from its trusteeship only with the prior written approval of the shareholding Ministers of the GOC of which it is a subsidiary. s 142 prev s 142 amd 1999 No. 19 s 3 sch om 2007 No. 10 s 62 sch pres s 142 ins 1998 No. 21 s 25 (sec.142-ssec.1) This section applies if a GOC or a GOC subsidiary is the trustee of a trust. (sec.142-ssec.2) The GOC may retire from its trusteeship only with the prior written approval of the GOC’s shareholding Ministers. (sec.142-ssec.3) The GOC subsidiary may retire from its trusteeship only with the prior written approval of the shareholding Ministers of the GOC of which it is a subsidiary.

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Section sec.142 - Government Owned Corporations Act 1993 - GOCs and subsidiaries retiring as trustees — Zoe