NSWIn ForceAct
State Owned Corporations Act 1989
20ZAObjects of Division
Start here
Get a plain-English read of 20ZA
Turn the raw legal text into a practical explanation grounded in State Owned Corporations Act 1989.
20ZA Objects of Division
20ZA Objects of Division
(1) The objects of this Division include—
(a) providing that the doctrine of ultra vires does not apply to statutory SOCs, and
(b) ensuring that statutory SOCs give effect to any restrictions on their objects or powers, but without affecting the validity of their dealings with outsiders.
(2) This Division is to be construed and have effect accordingly.
pt 3, div 3 (ss 20Z–20ZE): Ins 1995 No 32, Sch 1 [13].