Commonwealth Consolidated Acts

FUTURE FUND ACT 2006 - SECT 37

  (1)   The Board:

  (a)   is a body corporate with perpetual succession; and

  (b)   must have a seal; and

  (c)   may acquire, hold and dispose of real and personal property; and

  (d)   may sue and be sued in its corporate name.

Note:   The Board is not a Commonwealth entity for the purposes of the Public Governance, Performance and Accountability Act 2013 (see subsection   10(2) of that Act).

Seal

  (2)   The seal of the Board must be kept in such custody as the Board directs, and must not be used except as authorised by the Board.

  (3)   All courts, judges and persons acting judicially must:

  (a)   take judicial notice of the imprint of the seal of the Board appearing on a document; and

  (b)   presume that the document was duly sealed.