Victorian Current Acts

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RESIDENTIAL TENANCIES ACT 1997 - SECT 429

Establishment of Authority

    (1)     There is established a Residential Tenancies Bond Authority.

    (2)     The Authority

        (a)     is a body corporate with perpetual succession;

        (b)     shall have an official seal;

        (c)     may acquire, hold and dispose of real and personal property;

        (d)     may sue and be sued in its corporate name;

        (e)     may do and suffer all acts and things that bodies corporate may by law do and suffer.

    (3)     The official seal of the Authority must be kept in the custody that the Authority directs and must not be used except as authorised by the Authority.

    (4)     All courts must take judicial notice of the official seal of the Authority on a document and must presume that it was properly sealed.



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