New South Wales Consolidated Acts
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LAND AND PROPERTY INFORMATION NSW (AUTHORISED TRANSACTION) ACT 2016 - SECT 10
Functions of transaction companies
10 Functions of transaction companies
(1) A transaction company has and may exercise all such functions as are
necessary or convenient for the purposes of the authorised transaction.
(2)
The functions conferred by this section are in addition to any other functions
that a transaction company has apart from this section and those other
functions do not prevent or otherwise limit the exercise of the additional
functions conferred by this section.
(3) The Treasurer may act for or on
behalf of a transaction company in the exercise of any of its functions for
the purposes of the authorised transaction but only while the transaction
company is a public sector agency.
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