Commonwealth Consolidated Acts

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

NATIONAL RECONSTRUCTION FUND CORPORATION ACT 2023 - SECT 60

Receipt of gifts

  (1)   The Corporation may accept a gift of money if the nominated Minister authorises the Corporation, by written notice given to the Board, to accept the gift.

  (2)   The Corporation may accept a gift of one or more equity interests if:

  (a)   the equity interests could have been acquired by the Corporation; and

  (b)   the nominated Minister authorises the Corporation, by written notice given to the Board, to accept the gift.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback