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Section sec.50 - Government Owned Corporations Act 1993 - Purpose of part — Zoe

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Government Owned Corporations Act 1993

sec.50Purpose of part

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### sec.50 Purpose of part This part provides mechanisms to facilitate the corporatisation process by enabling, among other things— a government entity that is a candidate GOC, or a candidate GOC associate, to be in a suitable legal form to become a GOC; or a government entity, other than a government entity that is to become a GOC, to become a GOC subsidiary. s 50 amd 1994 No. 31 s 16 sch 3 ; 2007 No. 10 s 62 sch - (a) a government entity that is a candidate GOC, or a candidate GOC associate, to be in a suitable legal form to become a GOC; or - (b) a government entity, other than a government entity that is to become a GOC, to become a GOC subsidiary.

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