Establishment of the Authority

In force

(1)

The Net Zero Economy Authority is established by this section.

Note:

The Authority does not have a legal identity separate from the Commonwealth.

(2)

For the purposes of the finance law (within the meaning of the PGPA Act):

(a)

the Authority is a listed entity; and

(b)

the Board is the accountable authority of the Authority; and

(c)

the following persons are officials of the Authority:

(i)

the Board members;

(ii)

the CEO;

(iii)

the staff of the Authority;

(iv)

persons whose services are made available to the Authority under subsection 52(1); and

(d)

the purposes of the Authority include:

(i)

the functions of the Authority referred to in section 16; and

(ii)

the functions of the Board referred to in section 19; and

(iii)

the functions of the CEO referred to in section 40.

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