South Australian Current Regulations

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PUBLIC CORPORATIONS (STUDYADELAIDE) REGULATIONS 2023 - REG 12

12—Disclosure

        (1)         If the subsidiary discloses to the Minister or the Treasurer a matter in respect of which the subsidiary owes a duty of confidence, the subsidiary must give notice in writing of the disclosure to the person to whom the duty is owed.

        (2)         A director of the subsidiary does not commit a breach of duty by reporting a matter relating to the affairs of the subsidiary to the Minister or the Treasurer.



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