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PRIME MINISTER AND CABINET (MISCELLANEOUS PROVISIONS) ACT 1994 No. 33, 1994 - SECT 19
19. After section 3 of the Principal Act the following section is inserted:
Prescribed authorities: Commonwealth-controlled companies
"3AB. (1) A Commonwealth-controlled company is a prescribed authority unless:
(a) it is excluded by subsection (2); or
(b) under the regulations it is to be taken not to be a prescribed
authority.
"(2) Subject to subsection (3), a Commonwealth-controlled company is excluded
for the purposes of paragraph (1)(a) if:
(a) the company was a Commonwealth-controlled company immediately before
the commencement of Part 6 of the
Prime Minister and Cabinet (Miscellaneous Provisions) Act 1994 ; and
(b) immediately before that commencement the company was not a prescribed
authority for the purposes of this Act as then in force.
"(3) A Commonwealth-controlled company that, but for this subsection, would be
excluded by subsection (2) is not so excluded if the regulations declare that
the company is to be taken to be a prescribed authority.".
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