New South Wales Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[History]
[Help]
PORTS ASSETS (AUTHORISED TRANSACTIONS) ACT 2012 - SECT 13
Establishment of Ports Assets Ministerial Holding Corporation
13 Establishment of Ports Assets Ministerial Holding Corporation
(1) There is constituted by this Act a corporation with the corporate name of
the Ports Assets Ministerial Holding Corporation.
(2) The Corporation is a
statutory body representing the Crown.
(3) The affairs of the Corporation are
to be managed by the Treasurer who may authorise another Minister to exercise
functions in relation to particular assets, rights and liabilities.
(4) Any
act, matter or thing done in the name of, or on behalf of, the Corporation by
the Treasurer or a Minister authorised by the Treasurer, or with the authority
of the Treasurer or any such Minister, is taken to have been done by the
Corporation.
(5) The Corporation has the functions conferred or imposed on it
by or under this or any other Act.
(6) The functions of the Corporation are--
(a) to hold, on behalf of the Crown, ports assets acquired by it or
transferred to it, and
(b) to carry on any activities or business that relate
to any ports assets held by it, including demanding, collecting and receiving
charges, levies, rates and fees, and
(c) such other functions for the
purposes of an authorised transaction as may be prescribed by the regulations.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback