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s 845

Commission to approve proposed withdrawal

In force
Chapter 12Industrial organisations and associated entities
Part 14Amalgamations and withdrawals
Division 3Withdrawing from amalgamation

845 Commission to approve proposed withdrawal

The commission may, by order, approve a withdrawal of the constituent part for the amalgamated organisation only if—

(a)

the procedure for carrying out a withdrawal prescribed by regulation has been complied with; and

(b)

the rules of the organisation the constituent part proposes to become (the proposed organisation) comply with parts 3 and 4.

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