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Takeovers Act 1993

Takeovers code

24: Co-ordination with Australia

You could also call this:

"Working with Australia's business laws"

Illustration for Takeovers Act 1993

When the Minister is making decisions about a takeovers code, you need to know they have to think about how it will work with Australia's business laws. The Minister must consider any agreements between the Australian and New Zealand Governments about co-ordinating business laws. This helps ensure that business laws in both countries work well together.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM325866.

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Part 2Takeovers code

24Co-ordination with Australia

  1. In formulating recommendations concerning a takeovers code, the Minister must have regard, as far as practicable, to any principles applying to the co-ordination of business law between Australia and New Zealand set out in any agreement or memorandum of understanding between the Governments of Australia and New Zealand.

Notes
  • Section 24: replaced, on , by section 21 of the Takeovers Amendment Act 2002 (2002 No 45).