(1) The Secretary, on behalf of the Commonwealth, has all the rights, responsibilities, duties and powers of the Commonwealth in relation to the Commonwealth's capacity as:
(a) a party to a contract entered into under section 80; or
(b) the grantor of a grant made under section 80.
(2) Without limiting subsection (1):
(a) an amount payable by the Commonwealth under a section 80 contract is to be paid by the Secretary on behalf of the Commonwealth; and
(b) an amount payable to the Commonwealth under a section 80 contract is to be paid to the Secretary on behalf of the Commonwealth; and
(c) a section 80 grant is to be paid by the Secretary on behalf of the Commonwealth; and
(d) an amount payable to the Commonwealth by way of the repayment of the whole or a part of a section 80 grant is to be paid to the Secretary on behalf of the Commonwealth; and
(e) the Secretary may institute an action or proceeding on behalf of the Commonwealth in relation to a matter that concerns:
(i) a section 80 contract; or
(ii) a section 80 grant.