NATIONAL COMPANIES AND SECURITIES COMMISSION ACT 1979 No. 173, 1979 - SECT 5 Establishment of Commission

NATIONAL COMPANIES AND SECURITIES COMMISSION ACT 1979 No. 173, 1979 - SECT 5

PART II-ESTABLISHMENT, FUNCTIONS AND POWERS OF COMMISSION
5. (1) There is established by this Act a Commission by the name of the
National Companies and Securities Commission.

(2) In the performance of a function or the exercise of a power under an Act,
the Commission represents the Crown in right of the Commonwealth.

(3) Nothing in this Act prevents a State Act providing that, in the
performance of a function or the exercise of a power under a State Act, the
Commission is to represent the Crown in right of the State or, in the case of
a State Act being a Northern Territory enactment, the Crown in right of the
Northern Territory.