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TELECOMMUNICATIONS (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 1997 No. 59 of 1997 - SECT 9
9 Re-transfer of liabilities
(1) This section applies to a liability that became a liability of the ACA
under section 8.
(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 ACA and becomes a liability of the Commonwealth at a specified
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 Commonwealth as if a reference in the instrument to
the ACA were a reference to the Commonwealth;
(c) a declaration that the Commonwealth becomes the ACA's successor in law
in relation to a specified liability immediately after the liability
becomes a liability of the Commonwealth.
(3) A declaration under subsection (2) has effect accordingly.
(4) A time specified under subsection (2) must be before 1 January 1998. Note:
A liability or instrument may be specified by name, by inclusion in a
specified class or in any other way.
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