Commonwealth Consolidated Acts

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QANTAS SALE ACT 1992 - SECT 5

The 50% sale day

             (1)  The Minister for Finance may, by notice in the Gazette , declare a specified day to be the 50% sale day.

             (2)  The day to be specified in the notice under subsection (1) is the day that, in the opinion of the Minister for Finance, is the first day after the commencement of this Part on which voting shares in Qantas acquired by a person, or persons, other than the Commonwealth or a nominee of the Commonwealth, total 50% or more of the voting shares in Qantas.



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