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State Owned Corporations Act 1989
12Constitutions of company SOCs
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12 Constitutions of company SOCs
12 Constitutions of company SOCs
(1) The Ministers who are the voting shareholders of a company SOC are responsible for ensuring that the constitution of the SOC at all times contain provisions to the effect of those required by Schedule 2.
(2) The constitution may contain other provisions, so long as they are not inconsistent with the provisions referred to in subsection (1) or any other provisions of this Act.
(3) This section does not apply to the extent provided in resolutions of both Houses of Parliament.
s 12: Am 1995 No 32, Sch 1 [11]; 2001 No 34, Sch 4.58 [6] [7].