Financial Management Act 1996
75Execution of documents and assumptions people dealing
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75 Execution of documents and assumptions people dealing with relevant territory authority may make applied Corporations Act provisions means the following provisions of the Corporations Act: (a) section 127 (which is about the execution of documents by a company); (b) section 128 (which is about a person’s entitlement to make certain assumptions in dealing with a company); (c) section 129 (which is about the assumptions that may be made). (2) The applied Corporations Act provisions apply to a relevant territory authority as if— (a) a reference to a company were a reference to the authority; and (b) a reference to a common seal were a reference to any seal of the authority; and (c) a reference to a director were a reference to a board member; and (d) a reference to a company’s constitution were a reference to this Act and the establishing Act; and (e) a reference to an officer of a company were a reference to the chief executive officer and any member of staff of the authority; and (f) a reference to information available to the public from ASIC were a reference to information available to the public from the Territory; and (g) any other necessary changes, and any change prescribed by regulation, were made.