Establishment of Tasmania Development and Resources
4 Establishment of Tasmania Development and Resources
The Tasmanian Development Authority is continued as a body corporate with the corporate name of Tasmania Development and Resources.
TDR – has perpetual succession; shall have a common seal; may take proceedings, and be proceeded against, in its corporate name; may do, and be subject to, all other things that a body corporate may by law do and be subject to and that may be necessary for, or incidental to, the purposes of this Act; and has the functions imposed, and the powers conferred, on it by, or under, this or any other Act.
The common seal of TDR shall not be affixed to a document except in pursuance of a resolution of TDR and every sealing shall be authenticated by the signature of – 2 directors; or a director and an officer of TDR who is an authorized officer for the purpose of that sealing.
All courts, judges, and persons acting judicially shall take judicial notice of the common seal of TDR affixed to a document and, unless the contrary is established, shall presume that it was duly affixed.
This Act’s bill:Explanatory notesSecond reading speech
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