Commonwealth Numbered Acts

AUSTRALIAN AIRLINES (CONVERSION TO PUBLIC COMPANY) ACT 1988 No. 6 of 1988 - SECT 7

7. For the purposes of this Act, a body corporate (other than the
transferring body) is a new group company at a particular time (in this
section called the "relevant time") if, and only if:

   (a)  the body corporate became a group company after 31 December 1987 and
        was still a group company at the relevant time; and

   (b)  at no time before 1 January 1988 was the body corporate a subsidiary
        of the transferring body.