(1) The Victorian WorkCover Authority established under section 18 of the Accident Compensation Act 1985 as in force immediately before 1 July 2014 continues in existence.
(2) The Authority—
(a) is a body corporate with perpetual succession; and
(b) may sue and be sued; and
(c) may acquire, hold and dispose of real and personal property; and
(d) may do and suffer all acts and things that a body corporate may by law do or suffer.