AUSTRALIAN POSTAL CORPORATION ACT 1989 - SECT 51 Determination of Australia Post's initial capital under Act
AUSTRALIAN POSTAL CORPORATION ACT 1989 - SECT 51
Determination of Australia Post's initial capital under Act(1) The Minister shall, as soon as practicable after the commencement of this Act and after consultation with the Board, determine the amount of Australia Post's initial capital under this Act.
(2) In making the determination, the Minister shall have regard to any relevant advice that the Board has given to the Minister.
(3) The determination shall be made in writing.