Commonwealth Consolidated Acts

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NATIONAL RECONSTRUCTION FUND CORPORATION ACT 2023 - SECT 68

A Corporation body must realise equity interests in certain circumstances

  (1)   This section applies if:

  (a)   a Corporation body holds one or more equity interests in an entity; and

  (b)   the Corporation body becomes aware of the fact that one or more of the activities of the entity are not constitutionally - supported activities.

  (2)   The Corporation body must:

  (a)   realise the equity interests; and

  (b)   do so as soon as reasonably practicable in the circumstances after the Corporation body becomes aware of the fact.



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