New South Wales Consolidated Acts(cf State Owned Corporations Act 1989 , section 20M)
(1) The Corporation may employ such staff as it requires to exercise its functions.
(2) The Corporation may fix the salary, wages and conditions of its staff in so far as they are not fixed by or under any other Act or law.
(3) The regulations:(a) subject to paragraph (b), may make provision for or with respect to the employment of the staff of the Corporation, including the conditions of employment and the discipline of any such staff, and(b) must include provisions that have substantially the same effect in relation to the staff of the Corporation as the provisions of Part 4 of Chapter 11, and sections 348-350, of the Local Government Act 1993 (provisions with respect to equal employment opportunity and merit appointment) have in relation to the staff of a council.
(4) Regulations relating to the conditions of employment or the discipline of staff:(a) have effect subject to any relevant award made by a competent industrial tribunal and to any industrial agreement or enterprise agreement to which the Corporation is a party, and(b) have effect despite any determination of the Corporation under subsection (2).
(5) Except as provided by the regulations, this section does not apply to the appointment, employment or conditions of employment of the chief executive officer of the Corporation.
(6) Except as provided by the regulations, this section applies to a subsidiary of the Corporation (other than a company) and its staff in the same way as it applies to the Corporation and its staff.