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Legislative Assembly for the ACT: 2001 Week 8 Hansard (9 August) . . Page.. 2847 ..
Clause 5
Paragraph (g)
Page 3, line 20-
Omit "corporation", substitute "authority".
Clause 6
Subclause (1)
Page 3, line 25-
Omit "corporation", substitute "authority".
Clause 6
Subclause (2)
Page 3, line 27-
Omit "corporation", substitute "authority".
Clause 7
Subclause (1)
Page 3, line 30-
Omit "The corporation or any company that, under the Corporations Law, is a subsidiary of the corporation,", substitute "The authority or a company that, for the Corporations Act, is a subsidiary of the authority,".
Clause 7
Paragraph (1) (b)
Page 4, line 1-
Omit the paragraph.
Clause 7
Subclause (2)
Page 4, line 7-
Omit "corporation", substitute "authority".
Clause 7
Proposed new subclauses (3) and (4)
Page 4, line 9-
After subclause (2), insert the following new subclause:(3) The authority or a company mentioned in subsection (1) must not dispose of any of its main undertakings unless the Legislative Assembly has, by resolution, approved the disposal.
(4) A purported disposal in contravention of subsection (3) is void.
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