Superannuation Commission
6 Superannuation Commission
The Superannuation Commission is established.
The Commission – is – a body corporate with perpetual succession and has a seal; or if a notice under subsection (5)(a) declaring that the Commission is a corporation sole is in force – a corporation sole; and may sue and be sued in its corporate name; and may acquire, hold and dispose of real and personal property; and may do all other things that a body corporate may do and that are necessary or convenient to be done in relation to the performance or exercise of the functions or powers of the Commission under this or any other Act.
The seal, if any, is to be kept and used as authorised by the Commission.
All courts and persons acting judicially must take judicial notice of the imprint of the seal on a document and presume that the document was duly sealed by the Commission.
The Minister may, by notice – declare that the Commission is a corporation sole; or revoke a notice under paragraph (a).
A notice under subsection (5) – is not a rule for the purposes of the Subordinate Legislation Act 1992; but is a rule for the purposes of the Rules Publication Act 1953.
This Act’s bill:Explanatory notesSecond reading speech
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