Commonwealth Numbered Acts

PUBLIC GOVERNANCE, PERFORMANCE AND ACCOUNTABILITY ACT 2013 (NO. 123, 2013) - SECT 85

             (1)  The Finance Minister may, on behalf of the Commonwealth:

                     (a)  form, or participate in forming, a relevant company (see subsection (2)); or

                     (b)  acquire shares (either by purchase or subscription) in a relevant company, or become a member of a relevant company, in circumstances that would result in the relevant company becoming a Commonwealth company.

             (2)  A relevant company is a company of a kind prescribed by the rules whose objects or proposed activities are of a kind prescribed by the rules.