Commonwealth Consolidated Acts

NATIONAL RECONSTRUCTION FUND CORPORATION ACT 2023 - SECT 72

    The Ministers must not give a direction under subsection   71(1):

  (a)   that has the purpose, or has or is likely to have the effect, of directly or indirectly requiring a Corporation body to, or not to, make a particular provision of financial accommodation to a constitutional corporation, a State, a Territory, an entity or an individual; or

  (b)   that has the purpose, or has or is likely to have the effect, of directly or indirectly requiring a Corporation body to, or not to, make a particular acquisition of one or more equity interests; or

  (c)   that is inconsistent with this Act (including the object of this Act).