Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

AUSTRALIAN BICENTENNIAL AUTHORITY ACT 1980 No. 49 of 1980 - SECT 13

Authority may form, and invest in, companies for certain purposes
13. (1) The Authority may, with the approval of the Minister but not
otherwise, form, or participate with another person in the formation of, a
company for the purpose of promoting any of the objects of the Authority.

(2) The Authority may, with the approval of the Minister but not otherwise-

   (a)  subscribe for, or otherwise acquire, shares in, or debentures or other
        securities of, a company; or

   (b)  advance moneys, whether by way of loan or otherwise, to a company,
        being a company that is, for the purposes of the Companies Ordinance
        1962, a subsidiary of the Authority. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback