New South Wales Consolidated Acts

CENTRAL COAST WATER CORPORATION ACT 2006 - SECT 10

10 Voting shareholders’ agreement

(1) The constituent councils are to enter into an agreement as to the manner in which their rights as voting shareholders are to be exercised.

(2) Such an agreement must make provision with respect to:

(a) the manner in which the voting shareholders are to make:

(i) any request referred to in section 2 (3) (c) or (8), and

(ii) any recommendation referred to in section 12 (3), and

(iii) any recommendation referred to in clause 2 (3) or 6 (2) of Schedule 3, and

(b) the procedures to be followed to resolve any disputes in relation to the exercise of the constituent councils’ rights as voting shareholders, and

(c) such other matters as are prescribed by the regulations.