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AUSTRALIAN LAW REFORM COMMISSION (REPEAL, TRANSITIONAL AND MISCELLANEOUS) ACT 1996 - SECT 8

LRC instruments

             (1)  Each LRC instrument continues to have effect according to its tenor after the commencement time as if a reference in the instrument to the LRC were a reference to the ALRC.

             (2)  In this section:

" LRC instrument " means an instrument in operation immediately before the commencement time:

                     (a)  to which the LRC is a party; or

                     (b)  which was given to, or in favour of, the LRC; or

                     (c)  in which a reference is made to the LRC; or

                     (d)  under which any right or liability accrues, or may accrue, to the LRC.



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