New South Wales Consolidated Acts

STATE OWNED CORPORATIONS ACT 1989 - SECT 35A

35A Application of Public Finance and Audit Act 1983

(1) The Public Finance and Audit Act 1983 does not apply in relation to a State owned corporation or any of its subsidiaries, except as provided by section 24A and by this section.

(2) Part 4 of the Public Finance and Audit Act 1983 applies in relation to a State owned corporation and its subsidiaries.

(3) Section 59B of the Public Finance and Audit Act 1983 applies to statutory SOCs and their subsidiaries, and they are statutory authorities for the purposes of that section.