Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 364

364. (1) A registered Australian corporation that is a trading corporation,
banking corporation or insurance corporation has power to hold land in any
State or Territory.

(2) A registered Australian corporation that is incorporated in a Territory
has power to hold land in any Territory.

(3) A registered foreign company has power to hold land in any State or
Territory.

(4) Nothing in this section affects by implication:

   (a)  any other powers of a registered body; or

   (b)  the powers of any other body, whether incorporated or not.