25Status of sale company

#### 25 Status of sale company 25 Status of sale company > > (1) The sale company is an agency through which the State carries out the activity of providing freight rail services, and for that purpose it is a public authority of the State. > > > (2) However, the sale company: > > > > > (a) is not, and does not represent, the State except by express agreement with the Treasurer, and > > > > > (b) is not exempt from any rate, tax, duty or other impost imposed by or under any law of the State merely because it is a company in which the shares are held for and on behalf of the State, and > > > > > (c) cannot render the State liable for any debts, liabilities or obligations of the sale company, unless this Act or any other Act or law otherwise expressly provides.