Commonwealth Numbered Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 No. 153 of 1997 - SECT 45
45 Ministers must inform Parliament of share acquisitions etc.
(1) The Minister who has the responsibility for any of the following events
must table a notice of the event in each House of the Parliament as soon as
practicable after the event happens:
(a) the Commonwealth forms, or participates in forming, a company;
(b) the Commonwealth acquires shares in a company (either by purchase or
subscription) or disposes of shares in a company;
(c) the Commonwealth becomes a member of a company;
(d) a variation occurs in the rights attaching to company shares held by
the Commonwealth;
(e) a variation occurs in the Commonwealth's rights as a member of a
company;
(f) the Commonwealth ceases to be a member of a company.
(2) The notice must include the particulars required by the regulations.
(3) This section does not apply to anything that results from the transfer to
a Minister of any property that is to be dealt with as unclaimed property
under Part 9.7 of the Corporations Law.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback