Governance Review Implementation (Treasury Portfolio Agencies) Act 2007 (74 of 2007)

Schedule 1   Amendments

Part 2   CAMAC

Australian Securities and Investments Commission Act 2001

42   At the end of section 146

Add:

(2) Any real or personal property held by CAMAC is held for and on behalf of the Commonwealth.

(3) Any money received by CAMAC is received for and on behalf of the Commonwealth.

(4) To avoid doubt, a right to sue is taken not to be personal property for the purposes of subsection (2).