New South Wales Consolidated Acts

TRUSTEE COMPANIES ACT 1964 - SECT 31B

31B Acquisitions to which sec 31A does not apply

Section 31A does not apply to or in relation to an acquisition of shares in accordance with the Corporations Act 2001 of the Commonwealth that is:

(a) an exempt acquisition under Part 6.2 of the Corporations Act 2001 of the Commonwealth, other than an acquisition referred to in item 1, 2, 7, 9, 10, 11, 19 or 20 of the table to section 611 of that Act, or

(b) an acquisition of any other kind and is made in a prescribed manner or in prescribed circumstances, or

(c) an acquisition approved by the Minister in writing.