7Agency is body corporate etc.

#### 7 Agency is body corporate etc. (1) The Agency: (a) is a body corporate with perpetual succession; and (b) is to have a common seal; and (c) may sue and be sued in its corporate name. > Note: The Commonwealth Authorities and Companies Act 1997 applies to the Agency. That Act deals with matters relating to Commonwealth authorities, including reporting and accountability, banking and investment, and conduct of officers. (2) The common seal of the Agency is to be kept in such custody as the Agency directs, and is not to be used except as authorised by the Agency. (3) All courts, judges and persons acting judicially must: (a) take judicial notice of the imprint of the common seal of the Agency appearing on a document; and (b) presume the imprint was duly affixed.