TASIn ForceAct
Port Companies Act 1997
27Arrangements with Minister
Start here
Get a plain-English read of 27
Turn the raw legal text into a practical explanation grounded in Port Companies Act 1997.
### 27 Arrangements with Minister
> > (1) The Minister, with the approval of the Treasurer and the Board of a company, may enter into an agreement under which the company or its subsidiary agrees to perform, or to cease to perform, activities.
>
> > (2) The terms of the agreement may provide for reimbursement to the company or its subsidiary out of money provided by Parliament for the purpose.