(1) A Snowy hydro - group company:
(a) is not, and does not represent, the Crown; and
(b) is not an instrumentality or agency of the Crown; and
(c) is not entitled to any immunity or privilege of the Crown; and
(d) is not a public authority for any purpose and is taken not to have been constituted or established for a public purpose or for a purpose of the Commonwealth.
(2) This section has effect subject to any express provision to the contrary made by any law of the Commonwealth.