Prescribed authorities: Commonwealth‑controlled companies
3A Prescribed authorities: Commonwealth‑controlled companies
A Commonwealth‑controlled company is a prescribed authority unless:
it is excluded by subsection (2); or
under the regulations it is to be taken not to be a prescribed authority.
Subject to subsection (3), a Commonwealth‑controlled company is excluded for the purposes of paragraph (1)(a) if:
the company was a Commonwealth‑controlled company immediately before the commencement of Part 6 of the Prime Minister and Cabinet (Miscellaneous Provisions) Act 1994; and
immediately before that commencement the company was not a prescribed authority for the purposes of this Act as then in force.
A Commonwealth‑controlled company that, but for this subsection, would be excluded by subsection (2) is not so excluded if the regulations declare that the company is to be taken to be a prescribed authority.
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