Document ID: chunk:federal_register_of_legislation:C2004A05097:clause:1_8au
Version: federal_register_of_legislation:C2004A05097
Segment Type: clause
Provision Reference: sch 1 cl 8AU
Character Range: 34158–35209

8AU  Alterations of Telstra's constitution

 (1) This section applies to an alteration of Telstra's constitution if:
 (a) the alteration occurs before the minority-interest sale time; and
 (b) the alteration relates to the formulation, entering into, or carrying out, of a Telstra sale scheme.

 (2) A notice of a general meeting specifying an intention to propose a resolution for the alteration does not have to be given to:
 (a) trustees for debenture holders; or
 (b) debenture holders.

 (3) A court is not empowered to cancel the alteration.

 (4) Subsections (2)  and (3) have effect despite anything in section 172 of the Corporations Law.

 (5) For the purposes of subsection (4), if section 172 of the Corporations Law is repealed and replaced by another provision of the Corporations Law that deals with the alteration of a company's constitution, the reference in that subsection to section 172 is to be read as a reference to the replacement provision.

 (6) In this section:

debenture has the same meaning as in the Corporations Law.