Western Australian Current Acts

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SMALL BUSINESS DEVELOPMENT CORPORATION ACT 1983 - SECT 4

4 .         Corporation established, nature of etc.

        (1)         For the purposes of this Act, there shall be established a body corporate by the name of the “Small Business Development Corporation”.

        (2)         Under its corporate name the Corporation —

            (a)         has perpetual succession and a common seal; and

            (b)         may acquire, hold and dispose of real and personal property; and

            (c)         may sue and be sued in any court; and

            (d)         shall have and may exercise such powers, and shall perform such functions and duties, as are conferred or imposed upon it by or under this Act; and

            (e)         subject to this Act, is capable of doing and suffering all that bodies corporate may do and suffer.

        (3)         Where in any judicial proceedings, whether under this Act or not, a document is produced bearing a seal purporting to be the common seal of the Corporation the court or tribunal before which those proceedings are brought shall in the absence of proof to the contrary presume that —

            (a)         the seal is the common seal of the Corporation; and

            (b)         the seal was duly affixed.

        (4)         Regulations made under this Act may make provision as to the use of the common seal of the Corporation in the State and elsewhere.



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