Commonwealth Consolidated Acts

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INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 - SECT 62

Revocation of orders

  (1)   The Minister may, at any time, by notifiable instrument, revoke a permanent restraining order or a divestment order.

  (2)   The Minister must not revoke a permanent restraining order or divestment order if the Minister is satisfied that it would be contrary to the public interest to do so.

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

 



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