Queensland Consolidated Acts

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GOVERNMENT OWNED CORPORATIONS ACT 1993 - SECT 139

139 Disposal of main undertakings

(1) A GOC or a GOC subsidiary may dispose of any of its main undertakings only with the prior written approval of the shareholding Ministers.

(2) In subsection (1)--

main undertakings means the undertakings specified in the GOC's most recent statement of corporate intent as the GOC's or subsidiary's main undertakings.


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