Commonwealth‑controlled companies or associations that are not authorities of the Commonwealth
3B Commonwealth‑controlled companies or associations that are not authorities of the Commonwealth
If a company or association was, immediately before the commencement of this section:
a Commonwealth‑controlled company or a Commonwealth‑controlled association that was:
not established for a public purpose; and
not prescribed under paragraph (c) of the definition of authority of the Commonwealth as then in force; or
a Commonwealth‑controlled company or a Commonwealth‑controlled association that was:
established for a public purpose; but
taken, under a provision of an Act, never to have been so established;
then, despite paragraph (c) of the definition of authority of the Commonwealth, the company or association is to be taken not to be an authority of the Commonwealth.
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