New South Wales Consolidated Acts

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HOME BUILDING ACT 1989 - SECT 103Q

Constitution of Guarantee Corporation

103Q Constitution of Guarantee Corporation

(1) There is constituted by this Act a body corporate with the corporate name of the Building Insurers' Guarantee Corporation.
(2) The Guarantee Corporation is, for the purposes of any Act, a statutory body representing the Crown.
(3) The Guarantee Corporation is subject to the control and direction of the Minister in the exercise of its functions.
(4) The seal of the Guarantee Corporation is to be kept by the chief executive and may be affixed to a document only--
(a) in the presence of the chief executive or a member of staff of Insurance and Care NSW authorised in that behalf by the chief executive, and
(b) with an attestation by the signature of the chief executive or that member of staff of the fact of the affixing of the seal.



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