(1) This Act (except Part 5.8 of the Corporations Act as applied by sections 516-1, 521-1, 526-35 and 526-40) binds the Crown in right of the Commonwealth, of each of the States, of the Australian Capital Territory and of the Northern Territory.
(2) To avoid doubt, a reference in this section to the Crown in a particular right includes a reference to an instrumentality or agency (whether a body corporate or not) of the Crown in that right.
(3) However, this Act does not make the Crown liable to a pecuniary penalty or to be prosecuted for an offence.