Government Financing Authority Act 1982

The South Australian Government Financing Authority is established.

The Authority—

is a body corporate with perpetual succession and a common seal; and

is capable in its corporate name of acquiring, holding, dealing with and disposing of real and personal property; and

is capable of acquiring or incurring any other rights or liabilities, and of suing and being sued; and

holds its property on behalf of the Crown; and

has the powers, authorities, duties and functions prescribed by or under this or any other Act.

Where an apparently genuine document purports to bear the common seal of the Authority, it will be presumed in any legal proceedings, in the absence of proof to the contrary, that the common seal of the Authority was duly affixed to the document.