Exercise of functions through subsidiary corporations, joint ventures etc

Current

(1)

In this section—

subsidiary corporation of a transport authority means—

(a)

a public subsidiary corporation referred to in section 55C that is constituted for the purposes of the transport authority, or

(b)

a private subsidiary corporation referred to in section 55D that is formed for the purposes of the transport authority.

(2)

Any function of a transport authority may be exercised—

(a)

by the transport authority itself, or

(b)

by a subsidiary corporation of the transport authority, or

(c)

by the transport authority or a subsidiary corporation of the transport authority, or both, in a partnership, joint venture or other association with other persons or bodies.

(3)

This section does not extend to the function of TfNSW to give directions under section 3G.

This Act’s bill:Explanatory memorandum

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

55B Exercise of functions through subsidiary corporations, joint ventures etc