14Ministerial approval required for certain activities

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14 Ministerial approval required for certain activities

Despite anything to the contrary in this Division, the Authority must obtain the written approval of the Minister before doing all or any of the following—

(a) subscribing for, or otherwise acquiring, or holding or disposing of shares in, or debentures, units or other securities of, a corporation or trust;

(b) becoming a member of a company limited by guarantee;

Section 14 - Suburban Rail Loop Act 2021 - Ministerial approval required for certain activities | Zoe