Tasmanian Numbered Acts

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GOVERNMENT BUSINESS ENTERPRISES AMENDMENT ACT 2004 (NO. 35 OF 2004) - SECT 8

Section 85 amended (Interim dividend)
Section 85 of the Principal Act is amended by omitting subsection (4) and substituting the following subsection:
(4)  The Treasurer and Portfolio Minister must not approve a recommendation or make a direction that would result in a Government Business Enterprise being required to pay an interim dividend that exceeds the estimated profit of the Government Business Enterprise for the first 6 months of a financial year.



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