On 25/05/2013,
you requested for the version in force on 25/05/2013
incorporating all amendments published on or before 25/05/2013.
The closest version currently available is that of 31/07/2005.
16.
—(1) The trustee-manager of a registered business trust shall not acquire or hold any unit or derivative of any unit in the registered business trust unless it acquires or holds the unit or derivative —
(a)
for not less than the consideration that would be payable if the unit or derivative of the unit were acquired by another person; and
(b)
subject to terms and conditions that would not disadvantage other unitholders of the registered business trust.
(2) No person shall aid, abet or assist the contravention of subsection (1) by the trustee-manager of a registered business trust.
(3) Any person who contravenes this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000.
[Aust. Corp. 2001, s. 601FG]