PPRuNe Forums - View Single Post - Airservices land sales from the closure of ground based aids – who gets the loot?
Old 19th Feb 2017, 06:47
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Mr Approach
 
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Airservices is a:
Corporate Commonwealth entity

A corporate Commonwealth entity is a body corporate that has a separate legal personality from the Commonwealth and can act in its own right exercising certain legal rights such as entering into contracts and owning property.


Some provisions of the PGPA Act apply to corporate Commonwealth entities differently to non-corporate Commonwealth entities because of their different legal status, for example the provisions relating to appropriations, banking, investments and the use of indemnities.


Types of corporate Commonwealth entities include: Commonwealth Superannuation Corporation, Airservices Australia and the Reserve Bank of Australia.


Commonwealth Companies or GBEs are defined to include NBN and Railtrack Corporation

Last edited by Mr Approach; 19th Feb 2017 at 06:48. Reason: clarification of definition
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