(1) There shall be a Commonwealth Scientific and Industrial Research Organisation.
(2) The Organisation:
(a) is a body corporate with perpetual succession; and
(b) must have a seal; and
(c) may acquire, hold and dispose of real and personal property; and
(d) may sue and be sued.
Note: The Public Governance, Performance and Accountability Act 2013 applies to the Organisation. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources.
(3) All courts, judges and persons acting judicially must:
(a) take judicial notice of the imprint of the Organisation's seal appearing on a document; and
(b) presume that the document was duly sealed.
(4) The seal of the Organisation must be kept in such custody as the Board directs and must not be used except as authorised by the Board.