QLDIn ForceAct
Queensland Treasury Corporation Act 1988
sec.5Constitution of Corporation
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### sec.5 Constitution of Corporation
This Act shall be administered by the Treasurer and subject to direction by the Treasurer, by the chief executive.
The corporation sole constituted by the Under Treasurer under section 4 of the Statutory Bodies Financial Arrangements Act 1982 under the name and style ‘The Queensland Government Development Authority’ is preserved and continues in existence as so constituted as a corporation sole under the name and style ‘Queensland Treasury Corporation’ but so that the corporate identity of that corporation sole is not affected.
The Corporation, by the name given to it by subsection (2) shall have perpetual succession and an official seal.
All courts, judges, justices and other persons acting judicially shall take judicial notice of the appointment of the chief executive and of the chief executive’s signature and of the imprint of the official seal of the Corporation affixed to any document or writing.
It shall be presumed until the contrary is proved that the imprint of the official seal of the Corporation and the signature of the chief executive affixed to any document or writing was duly so affixed.
s 5 amd 1995 No. 58 s 4 sch 1 ; 2003 No. 19 s 3 sch
(sec.5-ssec.1) This Act shall be administered by the Treasurer and subject to direction by the Treasurer, by the chief executive.
(sec.5-ssec.2) The corporation sole constituted by the Under Treasurer under section 4 of the Statutory Bodies Financial Arrangements Act 1982 under the name and style ‘The Queensland Government Development Authority’ is preserved and continues in existence as so constituted as a corporation sole under the name and style ‘Queensland Treasury Corporation’ but so that the corporate identity of that corporation sole is not affected.
(sec.5-ssec.3) The Corporation, by the name given to it by subsection (2) shall have perpetual succession and an official seal.
(sec.5-ssec.4) All courts, judges, justices and other persons acting judicially shall take judicial notice of the appointment of the chief executive and of the chief executive’s signature and of the imprint of the official seal of the Corporation affixed to any document or writing.
(sec.5-ssec.5) It shall be presumed until the contrary is proved that the imprint of the official seal of the Corporation and the signature of the chief executive affixed to any document or writing was duly so affixed.