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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.]