The Fair Work Act defines a constitutional corporation as ‘a corporation to which paragraph 51(xx) of the Constitution applies’.
The Australian Constitution defines constitutional corporations as ‘Foreign corporations, and trading or financial corporations formed within the limits of the Commonwealth’.
This definition has two limbs that are ‘comprehensive alternatives’. This means that constitutional corporations are either ‘foreign corporations’ or ‘trading or financial corporations formed within the limits of the Commonwealth’. Therefore, a foreign corporation does not need to be formed within the limits of the Commonwealth or be a trading or financial corporation to be classified as a constitutional corporation.