(1) The Independent Parliamentary Standards Commission is established by this section.
Note 1: The IPSC does not have a legal identity separate from the Commonwealth.
Note 2: In this Act, IPSC means the Independent Parliamentary Standards Commission (see section 5).
(2) The IPSC consists of:
(a) the Commissioners; and
(b) the persons referred to in paragraphs 40A(1)(a) and (b).