New South Wales Consolidated Acts

TOTALIZATOR AGENCY BOARD PRIVATISATION ACT 1997 - SECT 30

30 Sale or retention of excluded undertaking

(1) The Ministerial Holding Corporation or any other person to whom any excluded undertaking is transferred may:

(a) sell or otherwise dispose of the whole or any part of the excluded undertaking, or

(b) retain the whole or any part of the excluded undertaking and conduct any business to which it relates.

(2) The Minister may, for the purposes of any such sale or other disposal, direct by order in writing that the excluded undertaking concerned be transferred to the body or person to whom it is being sold or otherwise disposed of.

(3) Part 9 applies to an order under this section.