STATE TRUSTEES (STATE OWNED COMPANY) ACT 1994 - SECT 1 Purpose

STATE TRUSTEES (STATE OWNED COMPANY) ACT 1994 - SECT 1

The purpose of this Act is to facilitate, and make provision relating to, the conversion of the State Trust Corporation of Victoria to a State owned company which—

        (a)     is a company under the Corporations Law of Victoria; and

        (b)     is a trustee company under the Trustee Companies Act 1984 ; and

        (c)     is able to provide services to members of the public under Part 4 of this Act.