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s 4

Northern Territory Treasury Corporation

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Part 2Northern Territory Treasury Corporation

4 Northern Territory Treasury Corporation

(1)

There is established by this section a corporation to be known as the Northern Territory Treasury Corporation.

(2)

The Corporation:

(a)

is a body corporate with perpetual succession;

(b)

shall have a common seal; and

(c)

is capable, in its corporate name, of acquiring, holding, dealing with and disposing of real and personal property (including an interest in such real or personal property) and of suing and being sued.

(3)

All courts, judges and persons acting judicially shall take judicial notice of the common seal of the Corporation affixed to a document and shall assume that it was duly affixed.

(4)

The Corporation shall consist of the Under Treasurer.

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