Establishment of the AER
44AE Establishment of the AER
The Australian Energy Regulator (the AER) is established by this section.
For the purposes of the finance law (within the meaning of the Public Governance, Performance and Accountability Act 2013):
the AER is a listed entity; and
the AER members are the accountable authority of the AER; and
the following persons are officials of the AER:
the AER members;
the staff of the AER referred to in section 44AAC;
persons assisting the AER referred to in section 44AACA;
consultants engaged under section 44AACB; and
the purposes of the AER include the functions of the AER under Division 3 of this Part.
The AER:
is a body corporate with perpetual succession; and
must have a common seal; and
may acquire, hold and dispose of real and personal property; and
may sue and be sued in its corporate name.
However, the AER is taken, for the purposes of the finance law (within the meaning of the Public Governance, Performance and Accountability Act 2013):
to be a non‑corporate Commonwealth entity, and not to be a corporate Commonwealth entity; and
to be a part of the Commonwealth; and
not to be a body corporate.
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