9Tasmanian Economic Regulator

9 Tasmanian Economic Regulator

(1)  [Section 9 Subsection (1) substituted by No. 13 of 2015, s. 6, Applied:01 Jul 2015] The Minister is to appoint a person to be the Tasmanian Economic Regulator.

(2)  [Section 9 Subsection (2) substituted by No. 13 of 2015, s. 6, Applied:01 Jul 2015] The Regulator –

(a) is a corporation sole; and

(b) has a seal; and

(c) may sue and be sued in his or her corporate name.

(3)  The seal is to be kept and used as authorised by the Regulator.

(4)  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 Regulator.

(5)  [Section 9 Subsection (5) inserted by No. 13 of 2015, s. 6, Applied:01 Jul 2015] All courts and persons acting judicially are to take judicial notice of –

(a) the official signature of a person who is or has been the Regulator; and

(b) the fact that the person holds or has held the office of Regulator.

(6)  [Section 9 Subsection (6) inserted by No. 13 of 2015, s. 6, Applied:01 Jul 2015] Division 2 of this Part has effect in relation to the Regulator.

(7)  [Section 9 Subsection (7) inserted by No. 13 of 2015, s. 6, Applied:01 Jul 2015] Before performing any function or exercising any power under this Act, or any other Act, the Regulator is to have regard to the costs and benefits of the Regulator's actions.

(8)  [Section 9 Subsection (8) inserted by No. 13 of 2015, s. 6, Applied:01 Jul 2015] Despite subsection (7) , the Regulator –