New South Wales Consolidated Acts

PETROLEUM PRODUCTS SUBSIDY ACT 1997 - SECT 29

29 Information given by officers of bodies corporate

(1) Information given by an officer (within the meaning of the Corporations Act 2001 of the Commonwealth) of a body corporate with respect to any dealings by the body corporate with petroleum products:

(a) is admissible in evidence against the body corporate, and

(b) is binding on the body corporate unless it is established that the information was given in relation to a matter in respect of which the officer had no authority to bind the body corporate.

(2) Subsection (1) is in addition to, and does not affect, any enactment or rule of law by which bodies corporate may be bound by their officers.