Commonwealth Numbered Acts

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HOUSING LOANS INSURANCE CORPORATION (SALE OF ASSETS AND ABOLITION) ACT 1990 No. 16 of 1991 - SECT 16

Certain Corporation employees taken to have failed to accept offer
16. Where the Minister is satisfied that a Corporation employee was not
offered employment by the buyer or a subsidiary of the buyer before sale day
because of an act or omission of the employee by which the employee sought to
dissuade the buyer or a subsidiary of the buyer from making a reasonable offer
of employment, the Minister may, by notice in the Gazette, declare that, for
the purposes of subsection 15 (1), the employee is taken to have failed,
before sale day, to accept an offer of employment beginning on sale day made
by the buyer or a subsidiary of the buyer. 


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