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PORTS ASSETS (AUTHORISED TRANSACTIONS) ACT 2012 - SECT 10
Additional functions of port SOCs and transaction entities
10 Additional functions of port SOCs and transaction entities
(1) Each port SOC and transaction entity has and may exercise all such
functions as are necessary or convenient for the purposes of an authorised
transaction.
(2) The functions conferred by this section are in addition to
any other functions that a port SOC or a transaction entity has apart from
this section and those other functions do not prevent or otherwise limit the
exercise of the additional functions conferred by this section.
(3) The
Treasurer may act for or on behalf of a port SOC or a transaction entity in
the exercise of any of its functions for the purposes of an authorised
transaction while it is a public sector agency.
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