TELSTRA CORPORATION ACT 1991 - SECT 11 Vesting of property, rights and liabilities

TELSTRA CORPORATION ACT 1991 - SECT 11

    On the succession day:

  (a)   all property and rights of Telecom and OTC, wherever located, vest in Telstra; and

  (b)   all liabilities of Telecom and OTC, wherever located, become liabilities of Telstra; and

  (c)   Telstra becomes the successor in law of Telecom and OTC.