Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The powers of the
CEO include power, for or in connection with schemes for the establishment,
management, or utilization of tree plantations or for or in connection with a
project or operation undertaken for a purpose mentioned in
section 33(1)(ca) or (cc) —
(a) to
form, promote or establish, or participate in the formation, promotion or
establishment of, any business undertaking;
(b) to
subscribe for, invest in or otherwise acquire, and to dispose of shares, units
or other interests in, or debentures or other securities of, a
business undertaking;
(c) to
enter into any partnership or arrangement for sharing of profits;
(d) to
acquire, hold and dispose of real and personal property;
(e) to
manage, or participate in the management of, a business undertaking;
(f) to
exercise any power conferred on or available to the CEO in connection with a
business undertaking, including power to appoint or hold office as a director
or other office-holder of a business undertaking;
(g) to
enter into an agreement to do anything authorised by this section; and
(h) to
do anything incidental to the exercise of a power conferred by this section.
(2) The approval of
the Treasurer is required to the exercise of any power referred to in
subsection (1) unless the power is exercised under section 34B.
(3) In
subsection (1) "business undertaking" means any person, corporation,
trust, joint venture, government agency or other entity engaging or intending
to engage in any scheme, project or operation referred to in
subsection (1).
[Section 34A inserted by No. 76 of 1988
s. 6; amended by No. 49 of 1993 s. 5 and 8; No. 35 of 2000
s. 17; No. 28 of 2006 s. 195 and 209.]