(1) A Snowy hydro-group company is not, and does not represent, the State of Victoria.
(2) Without limiting the generality of subsection (1), a Snowy hydro-group company—
(a) is not an instrumentality or agency of the State of Victoria; and
(b) is not entitled to any immunity or privilege of the State of Victoria; and
(c) is not a public authority for any purpose and is taken not to have been constituted or established for a public purpose or for a purpose of the State of Victoria.
(3) This section has effect subject to any express provision to the contrary made by any law of Victoria.