sec.56Constitution of candidate GOC

### sec.56 Constitution of candidate GOC The responsible Ministers of a government entity that is to become a GOC may— adopt a constitution for the entity; and amend the constitution previously adopted. The constitution must not be inconsistent with this Act or the Corporations Act . However, if there is any inconsistency between this Act and the Corporations Act regarding the constitution, this Act prevails to the extent of the inconsistency. If there is any inconsistency between this Act and the constitution, this Act prevails to the extent of the inconsistency. If there is any inconsistency between the Corporations Act and the constitution, then, subject to subsection (3) , the Corporations Act prevails to the extent of the inconsistency. This section applies to a government entity that is to become a GOC subsidiary as if— the entity were a government entity that is to become a GOC; and the responsible Ministers of the government entity of which it is to become a subsidiary were also its responsible Ministers. s 56 amd 1994 No. 31 s 16 sch 3 ; 2007 No. 10 s 16 (sec.56-ssec.1) The responsible Ministers of a government entity that is to become a GOC may— adopt a constitution for the entity; and amend the constitution previously adopted. (sec.56-ssec.2) The constitution must not be inconsistent with this Act or the Corporations Act . (sec.56-ssec.3) However, if there is any inconsistency between this Act and the Corporations Act regarding the constitution, this Act prevails to the extent of the inconsistency. (sec.56-ssec.4) If there is any inconsistency between this Act and the constitution, this Act prevails to the extent of the inconsistency. (sec.56-ssec.5) If there is any inconsistency between the Corporations Act and the constitution, then, subject to subsection (3) , the Corporations Act prevails to the extent of the inconsistency. (sec.56-ssec.6) This section applies to a government entity that is to become a GOC subsidiary as if— the entity were a government entity that is to become a GOC; and the responsible Ministers of the government entity of which it is to become a subsidiary were also its responsible Ministers. - (a) adopt a constitution for the entity; and - (b) amend the constitution previously adopted. - (a) the entity were a government entity that is to become a GOC; and - (b) the responsible Ministers of the government entity of which it is to become a subsidiary were also its responsible Ministers.