Commonwealth Consolidated Acts

AUSTRALIAN NUCLEAR SCIENCE AND TECHNOLOGY ORGANISATION ACT 1987 - SECT 7

             (3)  If the Organisation subscribes for or purchases shares in, or debentures or other securities of, a company, the Minister shall:

                     (a)  cause to be prepared a statement setting out particulars of, and the reasons for, the subscription or purchase; and

                     (b)  cause a copy of the statement to be laid before each House of the Parliament within 15 sitting days of that House after:

                              (i)  subject to subparagraph (ii), the subscription or purchase took place; or

                             (ii)  if the Minister is of the opinion that the disclosure of the subscription or purchase would affect adversely the commercial interests of the Organisation, the Minister ceases to be of that opinion.