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PORTS AND MARITIME ADMINISTRATION ACT 1995 - SECT 21 Consultation with Minister on appointment of directors of Port Corporation and on statement of corporate intent

PORTS AND MARITIME ADMINISTRATION ACT 1995 - SECT 21

Consultation with Minister on appointment of directors of Port Corporation and on statement of corporate intent

21 Consultation with Minister on appointment of directors of Port Corporation and on statement of corporate intent

(1) The voting shareholders of a Port Corporation are to consult the Minister about any proposed recommendation of the voting shareholders to appoint directors of the Port Corporation under section 20J of the State Owned Corporations Act 1989 .
(2) The voting shareholders of a Port Corporation are also to consult the Minister about any proposed action of the voting shareholders concerning the preparation, completion or modification of the statement of corporate intent of the Port Corporation under section 21 of that Act.