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s 30

Legal status, &c., of corporation

In force
Part VManagement corporations
Division 1Constitution of corporations

30 Legal status, &c., of corporation

(1)

A corporation:

(a)

has perpetual succession;

(b)

shall have a common seal; and

(c)

may sue and be sued in its corporate name.

(2) A corporation has the powers, authorities, duties and functions conferred or imposed on it by or under this Act and, subject to this Act, has the control, management and administration of the common property.

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Section 30 — Legal status, &c., of corporation — Unit Titles Act 1975 (Northern Territory) — Barrister AI