Commonwealth Numbered Acts

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ANL SALE ACT 1995 No. 136 of 1995 - SECT 5

The agreement day and the sale day
5.(1) If the sale agreement is entered into on a day occurring before 1
January 1996, the Minister must make a written declaration declaring that
first-mentioned day to be the agreement day.

(2) If the Minister declares a day to be the agreement day, the Minister must
make a written declaration declaring the day described in subsection (3) to be
the sale day.

(3) The day to be declared is the day that the Minister believes is the first
day on which a majority of the voting shares in ANL is acquired by one or more
persons other than the Commonwealth or a nominee of the Commonwealth.

(4) Each declaration must be published in the Gazette within 21 days after the
day to which the declaration relates. 


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