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].