Continuation of Corporation as Rural Business Corporation
5 Continuation of Corporation as Rural Business Corporation
The body corporate preserved and continued by section 4(1) of the repealed Act under the name “Rural Adjustment and Finance Corporation of Western Australia” is preserved and continued under the name “Rural Business Development Corporation”.
The corporate identity and the rights and obligations of the Corporation are not affected by the operation of subsection (1) or by the repeal of the repealed Act.
The Corporation has perpetual succession and a common seal.
Proceedings may be taken by or against the Corporation in its corporate name.
The Corporation may use, and operate under, one or more trading names approved by the Minister.
A trading name can be —
an abbreviation or adaptation of the Corporation’s corporate name; or
a name other than the Corporation’s corporate name.
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