NSWIn ForceAct
State Owned Corporations Act 1989
20YSale or disposal of main undertaking
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20Y Sale or disposal of main undertaking
20Y Sale or disposal of main undertaking
(1) None of the main undertakings of a statutory 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 20Y: Ins 1995 No 32, Sch 1 [13].