Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 - SECT 57

Permanent restraining order

    If the Minister is satisfied that the result of a trigger proposal would be contrary to the public interest, the Minister may, by notifiable instrument, make an order (in this Part   called a permanent restraining order ) prohibiting the entering into of the proposed agreement or prohibiting the proposed alteration, as the case may be, to which the trigger proposal relates.

Note:   See section   5 (about what is contrary to the public interest).



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback