Commonwealth Numbered Acts

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EXPORT MARKET DEVELOPMENT GRANTS ACT 1974 No. 154 of 1974 - SECT 19

Change in ownership of business, &c.
19. Where the Board is satisfied that-

   (a)  at any time, including a time before 1 July 1974, a business or
        undertaking is or was carried on by a person or persons; and

   (b)  at a later time, by reason of the formation or termination of a
        partnership or corporation or a change in the membership of a
        partnership, the same business or undertaking or a business or
        undertaking that, in the opinion of the Board, is or was substantially
        the same, is or was carried on by a different person or different
        persons, the Board may treat the last-mentioned person or persons, and
        not the first-mentioned person or persons, as having carried on the
        first- mentioned business or undertaking at the earlier time. 


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