RSE licensee and connected entity have power to comply with a direction under this Act
131FA RSE licensee and connected entity have power to comply with a direction under this Act
An RSE licensee has power to comply with a direction given to the RSE licensee under this Act despite anything in its constitution or any contract or arrangement to which it is a party.
If the direction requires the RSE licensee to cause a connected entity to do, or not to do, something:
the RSE licensee has power to cause the connected entity to do, or to not to do, the thing; and
the connected entity has power to do, or not to do, the thing;
despite anything in the connected entity’s constitution or any contract or arrangement to which the connected entity is a party.
A connected entity of an RSE licensee has power to comply with a direction given to the connected entity under this Act despite anything in its constitution or any contract or arrangement to which it is a party.
This Act’s bill:Second reading speech
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