Document ID: chunk:federal_register_of_legislation:C2007A00090:clause:1_7aa
Version: federal_register_of_legislation:C2007A00090
Segment Type: clause
Provision Reference: sch 1 cl 7AA
Character Range: 5045–5619

7AA  APVMA's assets are Commonwealth assets

 (1) Any real or personal property held by the APVMA is held for and on behalf of the Commonwealth.

 (2) Any money received by the APVMA is received for and on behalf of the Commonwealth.

 (3) The APVMA cannot hold real or personal property on trust.

Note: The Commonwealth may hold real or personal property or money on trust.

 (4) To avoid doubt, paragraph 7(3)(b) is subject to subsection (3) of this section.

 (5) To avoid doubt, a right to sue is taken not to be personal property for the purposes of subsection (1).