Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Before the conversion time, the Minister must cause a list to be prepared of the persons who will become the shareholders of HoldCo at the conversion time.
(2) The list is to be known as the List of Eligible Woolgrowers.
(3) The list must show the number of shares of each class to which each person is entitled.
(4) After the list has been prepared, the Minister must certify that the Minister is satisfied that the list was prepared in accordance with the procedures prescribed by the regulations.
(5) The Minister may be satisfied that the list was prepared in accordance with those procedures even if some steps in the preparation of the list occurred before the regulations were made.
(6) After certifying the list, the Minister must give HoldCo a copy of the list. The Minister must certify the copy to be a true copy.