Company Law Review Act 1998 (61 of 1998)

Schedule 4   Consequential amendment of other legislation

Pooled Development Funds Act 1992

38   Paragraphs 47(1)(b) and (c)

Repeal the paragraphs, substitute:

(b) the Board is no longer satisfied that the PDF's constitution satisfies the PDF constitution requirements; or

(c) the Board is satisfied that a provision of the PDF's constitution that prohibits as mentioned in subsection 4(3) has been contravened; or