Western Australian Current Acts

GOVERNMENT TRADING ENTERPRISES ACT 2023 - SECT 139

139 .         Dividend formula

        (1)         For each financial year, the Portfolio Minister for a GTE and the Treasurer may —

            (a)         determine a formula for calculating the final dividend to be paid under section 140; and

            (b)         at any time before the final dividend for the year is fixed under section 140(3), vary a formula previously determined under paragraph (a).

        (2)         The Portfolio Minister must notify the GTE’s board of a dividend formula determined or varied under subsection (1).