New South Wales Consolidated Acts

FREIGHT RAIL CORPORATION (SALE) ACT 2001 - SECT 32

32 Treasurer may form or acquire company

(1) For the purpose of the sale of FreightCorp, the Treasurer may, on behalf of the State:

(a) form a company limited by shares, so that all the issued shares in the company are held by the State, or

(b) acquire shares in a company limited by shares, so that all the issued shares in the company are held by the State.

(2) The company is referred to in this Part as the "sale company".