Northern Territory Consolidated Acts

GOVERNMENT OWNED CORPORATIONS ACT - SECT 5

    (1)     A Government owned corporation or subsidiary:

        (a)     is not within the shield of the Crown;

        (b)     does not represent the Territory except by express agreement in writing with the shareholding Minister of the Government owned corporation; and

        (c)     cannot render the Territory liable for the debts, liabilities or obligations of the Government owned corporation or any of its subsidiaries.

    (2)     Subsection (1) does not apply if this Act or another Act expressly provides otherwise.