14Establishment of the Authority

14  Establishment of the Authority

 (1) The Net Zero Economy Authority is established by this section.

Note: The Authority does not have a legal identity separate from the Commonwealth.

 (2) For the purposes of the finance law (within the meaning of the PGPA Act):

 (a) the Authority is a listed entity; and

 (b) the Board is the accountable authority of the Authority; and

 (c) the following persons are officials of the Authority:

 (i) the Board members;

 (ii) the CEO;

 (iii) the staff of the Authority;

 (iv) persons whose services are made available to the Authority under subsection 52(1); and

 (d) the purposes of the Authority include:

 (i) the functions of the Authority referred to in section 16; and

 (ii) the functions of the Board referred to in section 19; and

 (iii) the functions of the CEO referred to in section 40.