State Owned Corporations Act 1989 No 134
Current version for 1 January 2013 to date (accessed 24 May 2013 at 04:04)
Part 3Division 2Section 20Y

20Y   Sale or disposal of main undertaking

(1)  None of the main undertakings of a statutory SOC, and none of the main undertakings of any of its subsidiaries, may be sold or disposed of except with the prior written approval of the voting shareholders.
(2)  The main undertakings are as specified in the most recent statement of corporate intent of the SOC.
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