NSWIn ForceAct
State Owned Corporations Act 1989
20Sale or disposal of main undertaking
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#### 20 Sale or disposal of main undertaking
20 Sale or disposal of main undertaking
> > (1) None of the main undertakings of a company SOC, and none of the main undertakings of any of its subsidiaries, may be sold or disposed of except with the prior written approval of the voting shareholders.
>
> > (2) The main undertakings are as specified in the most recent statement of corporate intent of the SOC.
>
> **s 20:** Am 1995 No 32, Sch 1 \[11\].