4Establishment of Tasmania Development and Resources

### 4 Establishment of Tasmania Development and Resources > > (1)  *\[Section 4 Subsection (1) substituted by No. 76 of 1995, s. 6 \]*The Tasmanian Development Authority is continued as a body corporate with the corporate name of Tasmania Development and Resources. > > > (2)  *\[Section 4 Subsection (2) amended by No. 76 of 1995, s. 28 and Sched. 1 \]*TDR – > > > > > > (a) has perpetual succession; > > > > > > > (b) shall have a common seal; > > > > > > > (c) may take proceedings, and be proceeded against, in its corporate name; > > > > > > > (d) may do, and be subject to, all other things that a body corporate may by law do and be subject to and that may be necessary for, or incidental to, the purposes of this Act; and > > > > > > > (e) has the functions imposed, and the powers conferred, on it by, or under, this or any other Act. > > > (3)  *\[Section 4 Subsection (3) amended by No. 76 of 1995, s. 28 and Sched. 1 \]*The common seal of TDR shall not be affixed to a document except in pursuance of a resolution of TDR and every sealing shall be authenticated by the signature of – > > > > > > (a) 2 directors; or > > > > > > > (b) a director and an officer of TDR who is an authorized officer for the purpose of that sealing. > > > (4)  *\[Section 4 Subsection (4) amended by No. 76 of 1995, s. 28 and Sched. 1 \]*All courts, judges, and persons acting judicially shall take judicial notice of the common seal of TDR affixed to a document and, unless the contrary is established, shall presume that it was duly affixed.