New South Wales Consolidated Acts

SECONDARY MORTGAGE MARKET (STATE EQUITY PARTICIPATION) ACT 1985 - SECT 5

5 Crown and prescribed statutory corporations authorised to engage in incidental or ancillary activities

Where the Crown or a prescribed statutory corporation acquires shares as provided by section 4, it is authorised to do or omit to do, and there may be done or be omitted to be done to or in relation to the Crown or the statutory corporation in its capacity as a shareholder of the Company, any act, matter or thing arising from, or incidental or ancillary to, the holding of the shares so acquired and, in particular, the Crown or statutory corporation is authorised to sell or otherwise deal with those shares.