Commonwealth Numbered Acts Commonwealth Numbered Acts(1) The Authority has power to do all things necessary or convenient to be done for or in connection with the performance of its functions.
(2) The powers of the Authority include, but are not limited to, the power to enter into contracts.
Note: The CEO may also enter into contracts on behalf of the Commonwealth. See section 44 of the Financial Management and Accountability Act 1997 .
(3) Any contract entered into by the Authority is to be entered into on behalf of the Commonwealth.
(4) Any real or personal property held by the Authority is held for and on behalf of the Commonwealth.
(5) Any money received by the Authority is received for and on behalf of the Commonwealth.
(6) The Authority cannot hold real or personal property, or money, on trust for a person other than the Commonwealth.
Note: The Commonwealth may hold real or personal property or money on trust.
(7) To avoid doubt, a right to sue is taken not to be personal property for the purposes of subsection (4).