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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. 


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