s 113
In forceWhat is a Territory institution?
Chapter 5Participating institutions, participating groups and participating jurisdictions
Part 5‑1Participating institutions
Division 2Institutions participating in the scheme
Subdivision DParticipating Territory institutions
113 What is a Territory institution?
(1)
An institution is a Territory institution if:
(a)
it is or was part of a participating Territory; or
(b)
it is or was a body (whether or not incorporated) established for a public purpose by or under a law of a participating Territory; or
(c)
the rules prescribe that it is a Territory institution.
(2)
However, an institution is not a Territory institution if the rules prescribe that it is not a Territory institution.
(3)
Rules made for the purposes of paragraph (1)(c) or subsection (2) may prescribe that an institution is, or is not, a Territory institution in relation to a period specified by the rules.
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