S 264-1 repealed by No 87 of 2015, s 3 and Sch 1 item 126, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 264-1 formerly read:
SECTION 264-1 CONTINUATION OF THE COUNCIL
264-1(1)
The Private Health Insurance Administration Council established under section 82B of the
National Health Act 1953
continues in existence by force of this section, under and subject to the provisions of this Act.
264-1(2)
The Council:
(a)
is a body corporate with perpetual succession; and
(b)
must have a common seal; and
(c)
may acquire, hold and dispose of real and personal property; and
(d)
may sue and be sued in its corporate name.
Note:
Subject to section 267-20, the
Public Governance, Performance and Accountability Act 2013
applies to the Council. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources.
History
S 264-1(2) amended by No 62 of 2014, s 3 and Sch 11 item 64, by substituting the note, effective 1 July 2014. For transitional and application provisions, see note under s
253-50
. The note formerly read:
Note:
The
Commonwealth Authorities and Companies Act 1997
applies to the Council (subject to section 267-20). That Act deals with matters relating to Commonwealth authorities, including reporting and accountability, banking and investment, and conduct of officers.
264-1(3)
The common seal of the Council must be kept in such custody as the Council directs and must not be used except as authorised by the Council.
264-1(4)
All courts, judges and persons acting judicially must:
(a)
take judicial notice of the imprint of the common seal of the Council appearing on a document; and
(b)
presume that the document was duly sealed.
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