Ports and Maritime Administration Act 1995
19Restriction on sale or disposal of transferred land
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19 Restriction on sale or disposal of transferred land
19 Restriction on sale or disposal of transferred land
For the purposes of section 20Y of the State Owned Corporations Act 1989, the main undertaking of the Port Corporation includes land transferred to the Port Corporation by order under this Part.
Note.
Section 20Y of that Act prohibits the sale or disposal of any of the main undertakings of a statutory SOC (as described in its statement of corporate intent) without the prior written approval of the voting shareholders.
s 19: Am 2024 No 67, Sch 2[25].