TELSTRA CORPORATION ACT 1991 - SECT 8AU Alterations of Telstra's constitution before the minority - interest sale time

TELSTRA CORPORATION ACT 1991 - SECT 8AU

  (1)   This section applies to an alteration of Telstra's constitution if:

  (a)   the alteration occurs before the minority - interest sale time; and

  (b)   the alteration relates to the formulation, entering into, or carrying out, of a Telstra sale scheme.

  (2)   A notice of a general meeting specifying an intention to propose a resolution for the alteration does not have to be given to:

  (a)   trustees for debenture holders; or

  (b)   debenture holders.

  (3)   A court is not empowered to cancel the alteration.

  (4)   Subsections   (2) and (3) have effect despite anything in section   172 of the Corporations Act 2001 .

  (5)   For the purposes of subsection   (4), if section   172 of the Corporations Act 2001 is repealed and replaced by another provision of the Corporations Act 2001 that deals with the alteration of a company's constitution, the reference in that subsection to section   172 is to be read as a reference to the replacement provision.

  (6)   In this section:

"debenture" has the same meaning as in the Corporations Act 2001 .