NSWIn ForceAct
Totalizator Agency Board Privatisation Act 1997
32Sale of TAB Limited by public float
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#### 32 Sale of TAB Limited by public float
32 Sale of TAB Limited by public float
> > (1) The Minister may make arrangements for the sale of TAB Limited by a public float, comprising the disposal of the shares held by the State of New South Wales.
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> > (2) The arrangements may include underwriting agreements and the issue of a prospectus.
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> > (3) The Auditor-General is to examine the sale of TAB Limited as he considers appropriate and is to report as soon as practicable after the sale to both Houses of Parliament.
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> > (4) The Minister is to ensure that the Auditor-General is given access to such information and resources as may be necessary to enable the Auditor-General to exercise the functions conferred by this section.
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> > (5) The Auditor-General’s examination under this section is to accommodate the timetable for the sale of TAB Limited determined by the Minister.
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> **s 32:** Am 1997 No 151, Sch 1 \[5\] \[6\].