(1) The CEO of Austrade, on behalf of the Commonwealth, has all the rights, responsibilities, duties and powers of the Commonwealth in relation to the Commonwealth's capacity as the grantor of a grant under this Act.
(2) Without limiting subsection (1):
(a) an amount payable to the Commonwealth by way of the repayment of the whole or a part of a grant is to be paid to the CEO on behalf of the Commonwealth; and
(b) the CEO may institute an action or proceeding on behalf of the Commonwealth in relation to a matter that concerns a grant.