New South Wales Consolidated Acts

FISH MARKETING ACT 1994 - SECT 11

11 Dissolution of FMA

(1) FMA is dissolved immediately after the sale date.

(2) On the dissolution of FMA, the assets, rights and liabilities (if any) of FMA become the assets, rights and liabilities of the Crown.

(3) The Minister may, by order in writing, direct that any such residual assets, rights or liabilities be transferred to the Fisheries Administration Ministerial Corporation or any other public authority.