Establishment of Corporation
6 Establishment of Corporation
A corporation, to be known as the Coal Mining Industry (Long Service Leave Funding) Corporation, is established.
The Corporation:
is a body corporate; and
is to have a seal; and
may sue and be sued in its corporate name.
The Public Governance, Performance and Accountability Act 2013 applies to the Corporation. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources.
The seal of the Corporation is to be kept in such custody as the Board directs, and must not be used except as authorised by the Board.
All courts, judges and persons acting judicially are to take judicial notice of the seal of the Corporation appearing on a document and are to presume that the document was duly sealed.
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