Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1067

1067. (1) The Commission shall grant its approval to a deed unless the
Commission is of the opinion that the deed does not comply with the
requirements of this Division and of the regulations.

(2) The Commission may, subject to such terms and conditions as it thinks fit,
grant its approval to a person acting as trustee or representative for the
purposes of a deed.

(3) The Commission may at any time, by reason of a breach of a term or
condition subject to which the approval was granted or for any other reason,
revoke an approval granted under this section or under any corresponding law.