Food Act 2003

The Food Authority may, subject to subsection (2)—

form, or participate in the formation of, private corporations, and

acquire interests in private corporations, and

sell or otherwise dispose of interests in private corporations,

The Food Authority must not, without the approval of the Minister—

form, or participate in the formation of, a private subsidiary corporation, or

acquire an interest in a private corporation so that, as a result of the acquisition, the corporation becomes a private subsidiary corporation, or

sell or otherwise dispose of any interest in a private subsidiary corporation so that, as a result of the sale or disposal, it ceases to be a private subsidiary corporation.

(Repealed)

A private subsidiary corporation is not, and does not represent, the Crown.