Western Australian Consolidated Acts

BANK OF WESTERN AUSTRALIA ACT 1995 - SECT 7

7 .         Method of privatisation

        (1)         The Treasurer may by order determine that the Bank is to be fully privatised or partially privatised — 

            (a)         by public float;

            (b)         by private placement; or

            (c)         by some other means,

                or by any combination of the methods referred to in paragraphs (a), (b) and (c).

        (2)         A privatisation order may contain such incidental or supplementary provisions as the Treasurer thinks fit.

        (3)         The Treasurer may at any time before the day of privatisation amend or revoke a privatisation order.

        (4)         A privatisation order and any amendment or revocation is to be published in the Gazette .