56Application of certain provisions of State Owned Corporations Act 1989 to AFML

56 Application of certain provisions of State Owned Corporations Act 1989 to AFML

56 Application of certain provisions of State Owned Corporations Act 1989 to AFML

The following provisions of the State Owned Corporations Act 1989 apply to AFML as if it were a State owned corporation (with or without any modification prescribed by the regulations)—

(a) such of the provisions of Part 4 (Accountability) as are prescribed by the regulations,

(b) section 20R (Memorandum and articles of subsidiaries) but only in relation to the provisions contained in clauses 2 and 3 (2) of Part 2 of Schedule 7 to that Act,

(c) section 36 (Application of other Acts),

(d) any other provision prescribed by the regulations.