ABORIGINAL AND TORRES STRAIT ISLANDER ACT 2005 - SECT 191A Indigenous Land and Sea Corporation

ABORIGINAL AND TORRES STRAIT ISLANDER ACT 2005 - SECT 191A

Indigenous Land and Sea Corporation

  (1)   The corporation that was established under this section as previously in force by the name Indigenous Land Corporation is now to be known as the Indigenous Land and Sea Corporation.

Note:   Subsection   25B(1) of the Acts Interpretation Act 1901 provides that a body whose name is altered by an Act continues in existence under the new name so that its identity is not affected.

Body corporate

  (2)   The Indigenous Land and Sea Corporation:

  (a)   is a body corporate, with perpetual succession; and

  (b)   is to have a seal; and

  (c)   may acquire, hold and dispose of real and personal property; and

  (d)   may sue and be sued in its corporate name.

Note:   The Public Governance, Performance and Accountability Act 2013 applies to the Indigenous Land and Sea Corporation. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources.

Seal

  (3)   The seal of the Indigenous Land and Sea Corporation is to be kept in such custody as the Indigenous Land and Sea Corporation directs and must not be used except as authorised by the Indigenous Land and Sea Corporation.

Imprint of seal

  (4)   All courts, judges and persons acting judicially must:

  (a)   take judicial notice of the imprint of the seal of the Indigenous Land and Sea Corporation appearing on a document; and

  (b)   presume that the imprint was duly affixed.