Western Australian Current Acts

GOVERNMENT TRADING ENTERPRISES ACT 2023 - SECT 97

97 .         Consultation regarding disposal of significant asset

        (1)         A relevant entity considering disposing of a significant asset must inform the Portfolio Minister and the Treasurer of the contemplated disposal —

            (a)         as soon as practicable; and

            (b)         in any event before engaging advisers, consultants or agents in connection with the contemplated disposal.

        (2)         A relevant entity that has informed the Portfolio Minister and the Treasurer of a contemplated disposal under subsection (1) must consult the Portfolio Minister and the Treasurer during the further development and realisation of the contemplated disposal as the Portfolio Minister and the Treasurer require.