55BExercise of functions through subsidiary corporations, joint ventures etc

55B Exercise of functions through subsidiary corporations, joint ventures etc

55B Exercise of functions through subsidiary corporations, joint ventures etc

(1) In this section—

subsidiary corporation of a transport authority means—

(a) a public subsidiary corporation referred to in section 55C that is constituted for the purposes of the transport authority, or

(b) a private subsidiary corporation referred to in section 55D that is formed for the purposes of the transport authority.

(2) Any function of a transport authority may be exercised—

(a) by the transport authority itself, or

(b) by a subsidiary corporation of the transport authority, or

(c) by the transport authority or a subsidiary corporation of the transport authority, or both, in a partnership, joint venture or other association with other persons or bodies.

(3) This section does not extend to the function of TfNSW to give directions under section 3G.

s 55B: Ins 2008 No 115, Sch 1 [7]. Rep 2010 No 31, Sch 4.1 [4]. Ins 2010 No 31, Sch 1.1 [21]. Am 2011 No 41, Sch 1 [10] [11].