Public Governance, Performance and Accountability Act 2013
85The Commonwealth’s involvement in companies
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85 The Commonwealth’s involvement in companies
(1) The Finance Minister may, on behalf of the Commonwealth: (a) form, or participate in forming, a relevant company (see subsection (2)); or (b) acquire shares (either by purchase or subscription) in a relevant company, or become a member of a relevant company, in circumstances that would result in the relevant company becoming a Commonwealth company. (2) A relevant company is a company of a kind prescribed by the rules whose objects or proposed activities are of a kind prescribed by the rules.