Commonwealth Consolidated Acts

COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 - SECT 45

             (1)  The Minister who has the responsibility for any of the following events must table a notice of the event in each House of the Parliament as soon as practicable after the event happens:

                     (a)  the Commonwealth forms, or participates in forming, a company;

                     (b)  the Commonwealth acquires shares in a company (either by purchase or subscription) or disposes of shares in a company;

                     (c)  the Commonwealth becomes a member of a company;

                     (d)  a variation occurs in the rights attaching to company shares held by the Commonwealth;

                     (e)  a variation occurs in the Commonwealth's rights as a member of a company;

                      (f)  the Commonwealth ceases to be a member of a company.

             (2)  The notice must include the particulars required by the regulations.

             (3)  This section does not apply to anything that results from the transfer to a Minister of any property that is to be dealt with as unclaimed property under Part 9.7 of the Corporations Act 2001 .