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Government Owned Corporations Act 1993
sec.126General powers of GOCs
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### sec.126 General powers of GOCs
A GOC has, in addition to powers conferred on it by the Corporations Act —
the power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions; and
the powers that are conferred on it by this or another Act.
Subsection (1) has effect subject to any restrictions on the GOC’s powers expressly imposed by this or another Act.
s 126 amd 2001 No. 45 s 29 sch 3 ; 2007 No. 10 s 62 sch
(sec.126-ssec.1) A GOC has, in addition to powers conferred on it by the Corporations Act — the power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions; and the powers that are conferred on it by this or another Act.
(sec.126-ssec.2) Subsection (1) has effect subject to any restrictions on the GOC’s powers expressly imposed by this or another Act.
- (a) the power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions; and
- (b) the powers that are conferred on it by this or another Act.