Western Australian Current Acts

CASINO (BURSWOOD ISLAND) AGREEMENT ACT 1985 - SECT 12

12 .         Certain shareholdings to be notified to the Commission

        (1)         If a person becomes the holder of a relevant interest in more than 10% of the voting shares of an approved company, the approved company must notify the Commission in writing.

        (2)         The notice must be given to the Commission within 30 days after the day on which the company becomes aware that the person has become the holder of a relevant interest in more than 10% of the shares.

        Penalty: $10 000.

        [Section 12 inserted: No. 51 of 2003 s. 7.]