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TELECOMMUNICATIONS (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 1997 No. 59 of 1997 - SECT 8
8 Transfer of liabilities to the ACA
(1) This section applies to a liability of the Commonwealth that relates to
the SMA.
(2) The Minister may, by writing, make any or all of the following
declarations:
(a) a declaration that a specified liability ceases to be a liability of
the Commonwealth and becomes a liability of the ACA at the merging
time;
(b) a declaration that a specified instrument relating to a specified
liability continues to have effect after the liability becomes a
liability of the ACA as if a reference in the instrument to the
Commonwealth were a reference to the ACA;
(c) a declaration that the ACA becomes the Commonwealth's successor in law
in relation to a specified liability immediately after the liability
becomes a liability of the ACA. Note: A liability or instrument may be
specified by name, by inclusion in a specified class or in any other
way.
(3) A declaration under subsection (2) has effect accordingly.
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