Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Finance Minister may make an order (a government policy order ) that specifies a policy of the Australian Government that is to apply to one or more wholly - owned Commonwealth companies.
(2) Before making a government policy order that applies in relation to a wholly - owned Commonwealth company, the Finance Minister must be satisfied that the Minister responsible for the policy has consulted the company on the application of the policy.
(3) If a government policy order applies in relation to a wholly - owned Commonwealth company, the directors of the company must ensure that the order is complied with:
(a) in relation to the company; and
(b) in relation to any subsidiary of the company, so far as practicable.
(4) A government policy order is a legislative instrument, but section 42 (disallowance) of the Legislation Act 2003 does not apply to it.