LOCAL GOVERNMENT ACT 1995 - SECT 3.60
LOCAL GOVERNMENT ACT 1995 - SECT 3.60
3.60 . No capacity to form or acquire control of body corporate
A local government
cannot form or take part in forming, or acquire an interest giving it the
control of, an incorporated company or any other body corporate except a
regional local government or regional subsidiary unless it is permitted to do
so by regulations.
[Section 3.60 amended: No. 26 of 2016 s. 6.]
[Heading amended: No. 26 of 2016 s. 7.]